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All market snapshots / 47331

Connersville, IN 47331 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Connersville, IN inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.17
ActiveActive listings: 4040PendingPending sales: 77
Connersville, IN: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $185k$185kSoldMedian sold price (last 6 months): $150k$150k
What homes actually sell for in Connersville, IN
Distribution of 156 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $75k to $205k
$30k to $65k: 31 sales31sales$30k$65k to $100k: 12 sales$100k to $135k: 15 sales$100k$135k to $170k: 31 sales$170k to $205k: 21 sales$170k$205k to $240k: 9 sales$240k to $275k: 13 sales$240k$275k to $310k: 9 salesMedian $150k

What the numbers say

As of October 5, 2026, Resideline is tracking 40 active listings and 7 pending sales in ZIP code 47331. That pending-to-active ratio of 0.17 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $184,950, while the median of the 156 closed sales Resideline tracked over the last six months was $150,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 47331 for 89 days.

Frequently asked questions

What is the median home price in 47331?

The median closed sale price in Connersville, IN 47331 was $150,000 over the last six months, based on 156 closed sales tracked by Resideline. The middle half of those sales ranged from $75,000 to $205,000.

Is 47331 a buyer's or seller's market?

Resideline is currently tracking 7 pending sales against 40 active listings in 47331, a pending-to-active ratio of 0.17. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 47331 currently looks like a balanced market.

Nearby ZIP code market data

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