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PATRIOT, IN 47038

Real Estate Market Report  ·  Switzerland County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
4
⇧ 100% vs 2 last year
Pending
0
0% pending ratio
Median Price
$392,400
⇩ 11.6% vs $443,725 last year
Average Price
$372,175
⇩ 16.1% vs $443,725 last year
Days on Market
48
⇩ 7.7% vs 52 days last year

Market Context

Population: 946  ·  Density: 13.4/mi²  ·  Median household income: $61,875

Typical home value: $129,795  ·  Homeownership: 87.8%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The PATRIOT, IN real estate market (47038) currently shows 4 active listings. Homes are averaging 48 days on the market before going under contract.

Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.

Homes are selling faster, averaging 48 days on market compared to 52 days last year.

The median listing price has fallen 11.6% year-over-year, from $443,725 to $392,400.

Whether you are buying or selling in PATRIOT, IN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 4 this year vs 2 last year
  • Days on market: 48 now vs 52 last year

Median & Average Pricing

Year over Year
  • Median: $392,400 (-11.6% YoY)
  • Average: $372,175 (-16.1% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 18.4 miles — 297 listings ($126,972,488 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
47038Patriot, IN 470380.0 mi4$1,488,700$392,400$372,175
47020Florence, IN 470205.4 mi2$478,934$259,900$239,467
41091Union, KY 410917.6 mi95$58,448,845$519,900$615,251
41046Glencoe, KY 410469.6 mi6$1,611,000$235,000$268,500
41005Burlington, KY 4100511.9 mi63$23,508,954$359,000$373,158
47011Bennington, IN 4701112.3 mi4$1,518,800$399,450$379,700
41035Dry Ridge, KY 4103513.9 mi22$8,829,568$380,000$401,344
41083Sanders, KY 4108314.2 mi4$1,621,100$428,100$405,275
41030Crittenden, KY 4103014.3 mi6$1,987,302$300,000$331,217
47001Aurora, IN 4700115.9 mi24$7,911,648$285,000$329,652
47018Dillsboro, IN 4701816.3 mi8$2,714,632$325,000$339,329
41018Erlanger, KY 4101817.4 mi55$13,953,005$240,000$253,691
41063Morning View, KY 4106318.4 mi4$2,900,000$725,000$725,000

Frequently Asked Questions

How many homes are for sale in PATRIOT, IN 47038?

As of January 2026, there are 4 active listings in PATRIOT, IN (zip code 47038), compared to 2 the prior year.

What is the median home price in PATRIOT, IN 47038?

The median listing price in PATRIOT, IN 47038 is $392,400 as of January 2026, a 11.6% decrease from $443,725 the prior year.

How long do homes stay on the market in PATRIOT, IN?

Homes in PATRIOT, IN 47038 spend an average of 48 days on the market before going under contract, compared to 52 days the prior year.

Is it a seller's or buyer's market in PATRIOT, IN 47038?

Based on current inventory and days-on-market data as of January 2026, PATRIOT, IN 47038 is currently a Balanced Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are selling faster, averaging 48 days on market compared to 52 days last year.

How much can I save on real estate commission in PATRIOT, IN?

With SELL123.com's maximum 3% commission, sellers in PATRIOT, IN 47038 save an estimated $7,848 compared to a typical 5% commission on the median listing price of $392,400. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.