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STRAUGHN, IN 47387

Real Estate Market Report  ·  Henry County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
2
⇧ 100% vs 1 last year
Pending
2
100% pending ratio
Median Price
$599,900
⇧ 233.5% vs $179,900 last year
Average Price
$599,900
⇧ 233.5% vs $179,900 last year
Days on Market
153
⇧ 282.5% vs 40 days last year

Market Context

Population: 522  ·  Density: 11.4/mi²  ·  Median household income: $54,167

Typical home value: $119,287  ·  Homeownership: 82.9%

Market Analysis

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

The STRAUGHN, IN real estate market (47387) currently shows 2 active listings, with 2 pending sales. Homes are averaging 153 days on the market before going under contract.

Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 153 days on market compared to 40 days last year.

The median listing price has risen 233.5% year-over-year, from $179,900 to $599,900.

Whether you are buying or selling in STRAUGHN, 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
  • Listings: 2 this year vs 1 last year
  • Days on market: 153 now vs 40 last year

Median & Average Pricing

Year over Year
  • Median: $599,900 (+233.5% YoY)
  • Average: $599,900 (+233.5% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 17.6 miles — 113 listings ($25,238,069 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
47387Straughn, IN 473870.0 mi2$1,199,800$599,900$599,900
47327Cambridge City, IN 473276.4 mi13$1,609,985$119,900$123,845
47385Spiceland, IN 473858.2 mi3$397,350$132,450$132,450
47357Milton, IN 473579.5 mi4$1,006,532$160,000$251,633
47346Hagerstown, IN 473469.7 mi4$479,800$129,900$119,950
47361Mount Summit, IN 4736112.5 mi1$159,900$159,900$159,900
47351Kennard, IN 4735112.8 mi4$963,600$249,900$240,900
47388Sulphur Springs, IN 4738814.1 mi2$459,800$229,900$229,900
47330Centerville, IN 4733014.8 mi23$6,251,400$199,900$271,800
47386Springport, IN 4738615.6 mi3$524,700$174,900$174,900
46115Carthage, IN 4611516.0 mi6$1,096,500$225,000$182,750
46117Charlottesville, IN 4611717.2 mi6$1,835,640$209,900$305,940
46173Rushville, IN 4617317.6 mi42$9,253,062$219,999$220,311

Frequently Asked Questions

How many homes are for sale in STRAUGHN, IN 47387?

As of January 2026, there are 2 active listings in STRAUGHN, IN (zip code 47387), compared to 1 the prior year.

What is the median home price in STRAUGHN, IN 47387?

The median listing price in STRAUGHN, IN 47387 is $599,900 as of January 2026, a 233.5% increase from $179,900 the prior year.

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

Homes in STRAUGHN, IN 47387 spend an average of 153 days on the market before going under contract, compared to 40 days the prior year.

Is it a seller's or buyer's market in STRAUGHN, IN 47387?

Based on current inventory and days-on-market data as of January 2026, STRAUGHN, IN 47387 is currently a Buyer's Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 153 days on market compared to 40 days last year.

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

With SELL123.com's maximum 3% commission, sellers in STRAUGHN, IN 47387 save an estimated $11,998 compared to a typical 5% commission on the median listing price of $599,900. 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.