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HOPE, IN 47246

Real Estate Market Report
Balanced Market
July 2026  ·  Source: Realtor.com

Market Analysis

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

The HOPE, IN real estate market (47246) currently shows 13 active listings, with 3 pending sales. Homes are averaging 78 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 78 days on market compared to 32 days last year.

The median listing price has risen 157.1% year-over-year, from $175,500 to $451,175.

Whether you are buying or selling in HOPE, 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: 4,099  ·  Density: 27.2/mi²  ·  Median household income: $76,298

Typical home value: $160,880  ·  Homeownership: 86.0%

Market Overview

Active Listings
13
⇩ 13.3% vs 15 last year
Pending
3
23% pending ratio
Median Price
$451,175
⇧ 157.1% vs $175,500 last year
Average Price
$473,337
⇧ 131.4% vs $204,517 last year
Days on Market
78
⇧ 143.8% vs 32 days last year

Price Per Square Foot

Median $/sqft
$195
⇧ 12.7% vs $173/sqft last year
Median Home Size
2,396 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 13 this year vs 15 last year
  • Days on market: 78 now vs 32 last year

Median & Average Pricing

Year over Year
  • Median: $451,175 (+157.1% YoY)
  • Average: $473,337 (+131.4% 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 23.2 miles — 308 listings ($110,637,194 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
47246Hope, IN 472460.0 mi10$4,057,850$332,450$405,785
47226Clifford, IN 472265.6 mi1$210,000$210,000$210,000
47244Hartsville, IN 472446.5 mi1$110,950$110,950$110,950
46124Edinburgh, IN 4612410.8 mi14$4,207,070$238,675$300,505
46182Waldron, IN 4618212.4 mi5$1,267,415$230,000$253,483
47283Westport, IN 4728313.1 mi8$1,778,968$214,350$222,371
47273Scipio, IN 4727315.5 mi2$336,900$168,450$168,450
47201Columbus, IN 4720115.9 mi160$59,398,080$273,150$371,238
46131Franklin, IN 4613119.0 mi87$30,462,789$326,175$350,147
46150Manilla, IN 4615019.3 mi1$45,000$45,000$45,000
46156Milroy, IN 4615619.9 mi4$669,800$159,950$167,450
46181Trafalgar, IN 4618121.9 mi14$7,717,472$389,698$551,248
47282Vernon, IN 4728223.2 mi1$374,900$374,900$374,900

Frequently Asked Questions

How many homes are for sale in HOPE, IN 47246?

As of July 2026, there are 13 active listings in HOPE, IN (zip code 47246), compared to 15 the prior year.

What is the median home price in HOPE, IN 47246?

The median listing price in HOPE, IN 47246 is $451,175 as of July 2026, a 157.1% increase from $175,500 the prior year.

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

Homes in HOPE, IN 47246 spend an average of 78 days on the market before going under contract, compared to 32 days the prior year.

Is it a seller's or buyer's market in HOPE, IN 47246?

Based on current inventory and days-on-market data as of July 2026, HOPE, IN 47246 is currently a Balanced Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 78 days on market compared to 32 days last year.

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

With SELL123.com's maximum 3% commission, sellers in HOPE, IN 47246 save an estimated $9,024 compared to a typical 5% commission on the median listing price of $451,175. 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.