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SULPHUR SPRINGS, IN 47388

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

Market Analysis

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

The SULPHUR SPRINGS, IN real estate market (47388) currently shows 5 active listings, with 2 pending sales. Homes are averaging 77 days on the market before going under contract.

Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 77 days on market compared to 27 days last year.

The median listing price has risen 37.4% year-over-year, from $160,000 to $219,900.

Whether you are buying or selling in SULPHUR SPRINGS, 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: 407  ·  Density: 788.2/mi²  ·  Median household income: $49,250

Typical home value: $0  ·  Homeownership: 92.0%

Market Overview

Active Listings
5
⇧ 400% vs 1 last year
Pending
2
40% pending ratio
Median Price
$219,900
⇧ 37.4% vs $160,000 last year
Average Price
$223,233
⇧ 39.5% vs $160,000 last year
Days on Market
77
⇧ 185.2% vs 27 days last year

Price Per Square Foot

Median $/sqft
$116
⇩ 16.5% vs $139/sqft last year
Median Home Size
1,858 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 5 this year vs 1 last year
  • Days on market: 77 now vs 27 last year

Median & Average Pricing

Year over Year
  • Median: $219,900 (+37.4% YoY)
  • Average: $223,233 (+39.5% 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
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 15.7 miles — 298 listings ($65,605,398 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
47388Sulphur Springs, IN 473880.0 mi3$664,749$224,900$221,583
47356Middletown, IN 473563.6 mi15$3,015,315$158,200$201,021
47362New Castle, IN 473626.4 mi89$17,313,170$162,975$194,530
47334Daleville, IN 473348.5 mi9$3,774,213$255,000$419,357
46056Markleville, IN 460569.1 mi8$1,958,744$251,250$244,843
47360Mooreland, IN 473609.7 mi4$566,284$166,875$141,571
47385Spiceland, IN 4738512.0 mi2$279,800$139,900$139,900
47396Yorktown, IN 4739613.1 mi31$9,499,485$275,800$306,435
47354Losantville, IN 4735413.2 mi2$878,900$439,450$439,450
46012Anderson, IN 4601213.8 mi59$18,126,157$182,500$307,223
47337Dunreith, IN 4733714.0 mi1$149,900$149,900$149,900
46016Anderson, IN 4601614.1 mi69$7,545,357$104,725$109,353
47346Hagerstown, IN 4734615.7 mi6$1,833,324$166,175$305,554

Frequently Asked Questions

How many homes are for sale in SULPHUR SPRINGS, IN 47388?

As of March 2026, there are 5 active listings in SULPHUR SPRINGS, IN (zip code 47388), compared to 1 the prior year.

What is the median home price in SULPHUR SPRINGS, IN 47388?

The median listing price in SULPHUR SPRINGS, IN 47388 is $219,900 as of March 2026, a 37.4% increase from $160,000 the prior year.

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

Homes in SULPHUR SPRINGS, IN 47388 spend an average of 77 days on the market before going under contract, compared to 27 days the prior year.

Is it a seller's or buyer's market in SULPHUR SPRINGS, IN 47388?

Based on current inventory and days-on-market data as of March 2026, SULPHUR SPRINGS, IN 47388 is currently a Buyer's Market. Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 77 days on market compared to 27 days last year.

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

With SELL123.com's maximum 3% commission, sellers in SULPHUR SPRINGS, IN 47388 save an estimated $4,398 compared to a typical 5% commission on the median listing price of $219,900. 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.