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CONNERSVILLE, IN 47331

Real Estate Market Report  ·  Fayette County
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The CONNERSVILLE, IN real estate market (47331) currently shows 91 active listings, with 26 pending sales. Homes are averaging 38 days on the market before going under contract.

Inventory has increased compared to last year, with 10 more homes available — giving buyers more choice.

Homes are selling faster, averaging 38 days on market compared to 82 days last year.

The median listing price has risen 19.4% year-over-year, from $152,900 to $182,500.

Whether you are buying or selling in CONNERSVILLE, 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: 22,714  ·  Density: 45.8/mi²  ·  Median household income: $51,868

Typical home value: $99,477  ·  Homeownership: 69.0%

Market Overview

Active Listings
91
⇧ 12.3% vs 81 last year
Pending
26
29% pending ratio
Median Price
$182,500
⇧ 19.4% vs $152,900 last year
Average Price
$196,162
⇧ 2.1% vs $192,045 last year
Days on Market
38
⇩ 53.7% vs 82 days last year

Price Per Square Foot

Median $/sqft
$115
⇩ 0.9% vs $116/sqft last year
Median Home Size
1,527 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 91 this year vs 81 last year
  • Days on market: 38 now vs 82 last year

Median & Average Pricing

Year over Year
  • Median: $182,500 (+19.4% YoY)
  • Average: $196,162 (+2.1% 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
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 23.1 miles — 341 listings ($78,687,638 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
47331Connersville, IN 473310.0 mi75$14,200,425$154,900$189,339
47325Brownsville, IN 473258.8 mi5$1,848,895$300,000$369,779
47024Laurel, IN 4702410.8 mi9$1,776,024$119,975$197,336
47330Centerville, IN 4733013.2 mi20$6,362,560$262,400$318,128
46173Rushville, IN 4617314.2 mi42$9,364,068$214,300$222,954
47352Lewisville, IN 4735215.6 mi3$400,800$125,000$133,600
47036Oldenburg, IN 4703617.4 mi2$597,000$298,500$298,500
47003West College Corner, IN 4700317.7 mi6$1,260,648$199,900$210,108
47345Greens Fork, IN 4734519.1 mi3$824,376$279,975$274,792
47374Richmond, IN 4737420.2 mi157$36,587,280$169,900$233,040
45003College Corner, OH 4500320.7 mi1$164,500$164,500$164,500
46148Knightstown, IN 4614822.3 mi17$4,826,062$268,650$283,886
46104Arlington, IN 4610423.1 mi1$475,000$475,000$475,000

Frequently Asked Questions

How many homes are for sale in CONNERSVILLE, IN 47331?

As of March 2026, there are 91 active listings in CONNERSVILLE, IN (zip code 47331), compared to 81 the prior year.

What is the median home price in CONNERSVILLE, IN 47331?

The median listing price in CONNERSVILLE, IN 47331 is $182,500 as of March 2026, a 19.4% increase from $152,900 the prior year.

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

Homes in CONNERSVILLE, IN 47331 spend an average of 38 days on the market before going under contract, compared to 82 days the prior year.

Is it a seller's or buyer's market in CONNERSVILLE, IN 47331?

Based on current inventory and days-on-market data as of March 2026, CONNERSVILLE, IN 47331 is currently a Balanced Market. Inventory has increased compared to last year, with 10 more homes available — giving buyers more choice. Homes are selling faster, averaging 38 days on market compared to 82 days last year.

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

With SELL123.com's maximum 3% commission, sellers in CONNERSVILLE, IN 47331 save an estimated $3,650 compared to a typical 5% commission on the median listing price of $182,500. 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.