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REDKEY, IN 47373

Real Estate Market Report  ·  Jay County
Seller's Market
April 2026  ·  Source: Realtor.com

Market Analysis

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

The REDKEY, IN real estate market (47373) currently shows 4 active listings, with 4 pending sales. Homes are averaging 33 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 selling faster, averaging 33 days on market compared to 145 days last year.

The median listing price has risen 55.9% year-over-year, from $77,950 to $121,500.

Whether you are buying or selling in REDKEY, 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: 2,240  ·  Density: 27.9/mi²  ·  Median household income: $50,045

Typical home value: $87,397  ·  Homeownership: 76.4%

Market Overview

Active Listings
4
⇩ 33.3% vs 6 last year
Pending
4
100% pending ratio
Median Price
$121,500
⇧ 55.9% vs $77,950 last year
Average Price
$139,900
⇧ 77.8% vs $78,675 last year
Days on Market
33
⇩ 77.2% vs 145 days last year

Price Per Square Foot

Median $/sqft
$86
⇧ 36.5% vs $63/sqft last year
Median Home Size
2,025 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 4 this year vs 6 last year
  • Days on market: 33 now vs 145 last year

Median & Average Pricing

Year over Year
  • Median: $121,500 (+55.9% YoY)
  • Average: $139,900 (+77.8% 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 19.7 miles — 162 listings ($28,710,675 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
47373Redkey, IN 473730.0 mi3$507,249$167,450$169,083
47380Ridgeville, IN 473807.3 mi4$243,732$75,000$60,933
47338Eaton, IN 473389.8 mi9$2,123,172$165,550$235,908
47368Parker City, IN 4736811.2 mi1$199,000$199,000$199,000
47369Pennville, IN 4736911.6 mi2$270,000$135,000$135,000
47348Hartford City, IN 4734813.1 mi36$9,255,816$184,950$257,106
47382Saratoga, IN 4738214.3 mi2$79,800$39,900$39,900
47381Salamonia, IN 4738115.6 mi1$29,900$29,900$29,900
47359Montpelier, IN 4735916.3 mi7$772,933$91,200$110,419
46759Keystone, IN 4675918.0 mi1$149,995$149,995$149,995
47302Muncie, IN 4730218.6 mi90$14,151,960$116,225$157,244
47342Gaston, IN 4734218.8 mi4$612,268$172,425$153,067
47358Modoc, IN 4735819.7 mi2$314,850$157,425$157,425

Frequently Asked Questions

How many homes are for sale in REDKEY, IN 47373?

As of April 2026, there are 4 active listings in REDKEY, IN (zip code 47373), compared to 6 the prior year.

What is the median home price in REDKEY, IN 47373?

The median listing price in REDKEY, IN 47373 is $121,500 as of April 2026, a 55.9% increase from $77,950 the prior year.

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

Homes in REDKEY, IN 47373 spend an average of 33 days on the market before going under contract, compared to 145 days the prior year.

Is it a seller's or buyer's market in REDKEY, IN 47373?

Based on current inventory and days-on-market data as of April 2026, REDKEY, IN 47373 is currently a Seller's Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 33 days on market compared to 145 days last year.

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

With SELL123.com's maximum 3% commission, sellers in REDKEY, IN 47373 save an estimated $2,430 compared to a typical 5% commission on the median listing price of $121,500. 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.