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BUTLERVILLE, IN 47223

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

Market Overview

Active Listings
5
Pending
2
40% pending ratio
Median Price
$159,000
Average Price
$186,300
Days on Market
33

Market Context

Population: 774  ·  Density: 6.5/mi²  ·  Median household income: $70,714

Typical home value: $0  ·  Homeownership: 93.1%

Market Analysis

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

The BUTLERVILLE, IN real estate market (47223) currently shows 5 active listings, with 2 pending sales. Homes are averaging 33 days on the market before going under contract.

Whether you are buying or selling in BUTLERVILLE, 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

Median & Average Pricing

Year over Year

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 24.8 miles — 260 listings ($82,219,034 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
47223Butlerville, IN 472230.0 mi5$931,500$159,000$186,300
47265North Vernon, IN 472658.4 mi64$18,356,032$225,000$286,813
47231Dupont, IN 4723110.9 mi2$594,000$297,000$297,000
47042Versailles, IN 4704212.6 mi5$1,653,000$273,900$330,600
47227Commiskey, IN 4722715.6 mi1$144,900$144,900$144,900
47232Elizabethtown, IN 4723217.2 mi3$1,598,799$481,950$532,933
47031Milan, IN 4703118.3 mi13$4,506,554$315,000$346,658
47263New Point, IN 4726319.3 mi1$169,900$169,900$169,900
47230Deputy, IN 4723019.7 mi3$524,850$174,950$174,950
47247Jonesville, IN 4724721.8 mi1$199,900$199,900$199,900
47203Columbus, IN 4720322.4 mi62$21,629,444$297,500$348,862
47032Moores Hill, IN 4703223.0 mi5$2,519,435$210,000$503,887
47274Seymour, IN 4727424.8 mi95$29,390,720$272,500$309,376

Frequently Asked Questions

How many homes are for sale in BUTLERVILLE, IN 47223?

As of January 2026, there are 5 active listings in BUTLERVILLE, IN (zip code 47223).

What is the median home price in BUTLERVILLE, IN 47223?

The median listing price in BUTLERVILLE, IN 47223 is $159,000 as of January 2026.

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

Homes in BUTLERVILLE, IN 47223 spend an average of 33 days on the market before going under contract.

Is it a seller's or buyer's market in BUTLERVILLE, IN 47223?

Based on current inventory and days-on-market data as of January 2026, BUTLERVILLE, IN 47223 is currently a Balanced Market.

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

With SELL123.com's maximum 3% commission, sellers in BUTLERVILLE, IN 47223 save an estimated $3,180 compared to a typical 5% commission on the median listing price of $159,000. 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.