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ELIZABETH, IN 47117

Real Estate Market Report  ·  Harrison County
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The ELIZABETH, IN real estate market (47117) currently shows 12 active listings, with 2 pending sales. Homes are averaging 54 days on the market before going under contract.

Inventory has increased compared to last year, with 9 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 54 days on market compared to 37 days last year.

The median listing price has fallen 32.7% year-over-year, from $492,500 to $331,250.

Whether you are buying or selling in ELIZABETH, 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 Context

Market Context

Population: 4,558  ·  Density: 21.2/mi²  ·  Median household income: $82,903

Typical home value: $197,981  ·  Homeownership: 84.9%

Market Overview

Active Listings
12
⇧ 300% vs 3 last year
Pending
2
17% pending ratio
Median Price
$331,250
⇩ 32.7% vs $492,500 last year
Average Price
$325,190
⇩ 34% vs $492,500 last year
Days on Market
54
⇧ 45.9% vs 37 days last year

Price Per Square Foot

Median $/sqft
$163
⇩ 18.5% vs $200/sqft last year
Median Home Size
1,461 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 12 this year vs 3 last year
  • Days on market: 54 now vs 37 last year

Median & Average Pricing

Year over Year
  • Median: $331,250 (-32.7% YoY)
  • Average: $325,190 (-34% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 14.9 miles — 627 listings ($181,659,090 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
47117Elizabeth, IN 471170.0 mi11$3,573,724$327,500$324,884
40272Louisville, KY 402726.7 mi139$39,796,256$245,625$286,304
47136Lanesville, IN 471369.0 mi37$14,984,408$444,288$404,984
40214Louisville, KY 4021410.8 mi126$35,674,884$266,250$283,134
47112Corydon, IN 4711211.1 mi39$13,637,520$304,500$349,680
40118Fairdale, KY 4011811.8 mi29$6,998,222$230,000$241,318
40109Brooks, KY 4010912.3 mi13$4,568,278$317,450$351,406
47142Mauckport, IN 4714213.2 mi1$749,900$749,900$749,900
40209Louisville, KY 4020913.6 mi2$281,500$140,750$140,750
47114Crandall, IN 4711413.7 mi1$297,500$297,500$297,500
40108Brandenburg, KY 4010814.2 mi72$24,271,776$339,900$337,108
40212Louisville, KY 4021214.6 mi111$24,540,546$146,250$221,086
40217Louisville, KY 4021714.9 mi46$12,284,576$269,875$267,056

Frequently Asked Questions

How many homes are for sale in ELIZABETH, IN 47117?

As of March 2026, there are 12 active listings in ELIZABETH, IN (zip code 47117), compared to 3 the prior year.

What is the median home price in ELIZABETH, IN 47117?

The median listing price in ELIZABETH, IN 47117 is $331,250 as of March 2026, a 32.7% decrease from $492,500 the prior year.

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

Homes in ELIZABETH, IN 47117 spend an average of 54 days on the market before going under contract, compared to 37 days the prior year.

Is it a seller's or buyer's market in ELIZABETH, IN 47117?

Based on current inventory and days-on-market data as of March 2026, ELIZABETH, IN 47117 is currently a Buyer's Market. Inventory has increased compared to last year, with 9 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 54 days on market compared to 37 days last year.

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

With SELL123.com's maximum 3% commission, sellers in ELIZABETH, IN 47117 save an estimated $6,625 compared to a typical 5% commission on the median listing price of $331,250. 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.