Is Reynolds, IN 47980 a buyer’s or seller’s market?
Reynolds is a seller’s market. With about 1.6 months of supply and 25% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Reynolds housing market right now
In the three months ending August 31, 2026, 25% of homes in Reynolds, IN 47980 sold above their list price, the typical home went under contract in 48 days and there were 1.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 4 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold faster (151 days then) and the median sale price rose 8% to $220,655. Overall, Reynolds is more competitive than a year ago, so tougher for buyers.
Within White County, homes here sell more slowly than in 60% of the county’s ZIP codes, and sell more often over asking than in 80%.
Nearby, buyers who want less competition could look at Burnettsville 47926 (0% sold over asking) or Monon 47959 (11% sold over asking), while Wolcott 47995 (50% sold over asking) is even more competitive.
Run the numbers for 47980
Nearby markets
Brookston 47923Seller’s market $177 /sq ftBurnettsville 47926Buyer’s market $139 /sq ftChalmers 47929 — /sq ftIdaville 47950 — /sq ft Browse all markets →Towns like Reynolds nearby
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Questions about Reynolds real estate
Is Reynolds a buyer’s or seller’s market?
A seller’s market: there were 1.6 months of supply in Reynolds, IN 47980 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Reynolds?
The typical home went under contract in 48 days in the latest three months.
Do homes in Reynolds sell over asking?
25% of homes sold above their original list price, and the typical sale closed at 97.3% of the list price.
What are property taxes in Reynolds?
About 0.54% of a home’s value a year in White County, or roughly $2,160 on a $400,000 home.
What is the median home price in Reynolds?
The median sale price was $220,655 in the three months ending August 31, 2026, about $122 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology