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FREEDOM, IN 47431

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

Market Analysis

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

The FREEDOM, IN real estate market (47431) currently shows 4 active listings. Homes are averaging 145 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 selling faster, averaging 145 days on market compared to 162 days last year.

The median listing price has fallen 35.8% year-over-year, from $469,900 to $301,500.

Whether you are buying or selling in FREEDOM, 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: 1,689  ·  Density: 17.8/mi²  ·  Median household income: $64,375

Typical home value: $119,505  ·  Homeownership: 82.0%

Market Overview

Active Listings
4
⇧ 33.3% vs 3 last year
Pending
0
0% pending ratio
Median Price
$301,500
⇩ 35.8% vs $469,900 last year
Average Price
$346,950
⇩ 17.1% vs $418,600 last year
Days on Market
145
⇩ 10.5% vs 162 days last year

Price Per Square Foot

Median $/sqft
$229
⇧ 89.3% vs $121/sqft last year
Median Home Size
1,728 sqft
Typical listing size
12-Month $/sqft Trend

Sale-to-List Price Dynamics

At Original Price
99%
Listings with no price change
Price Reduced
1%
12-Month Price Reduction Trend

Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 4 this year vs 3 last year
  • Days on market: 145 now vs 162 last year

Median & Average Pricing

Year over Year
  • Median: $301,500 (-35.8% YoY)
  • Average: $346,950 (-17.1% 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 22.1 miles — 257 listings ($86,501,370 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
47431Freedom, IN 474310.0 mi3$1,103,799$319,000$367,933
47460Spencer, IN 474606.9 mi45$19,029,600$376,000$422,880
47841Clay City, IN 4784111.4 mi6$1,447,200$241,200$241,200
47459Solsberry, IN 4745912.2 mi8$2,845,576$334,450$355,697
47465Switz City, IN 4746514.8 mi1$85,000$85,000$85,000
47433Gosport, IN 4743315.6 mi11$5,872,856$340,700$533,896
47438Jasonville, IN 4743815.8 mi23$4,663,664$118,675$202,768
47858Lewis, IN 4785817.3 mi0$0$495,000$495,000
47403Bloomington, IN 4740319.1 mi111$39,552,075$287,000$356,325
47441Linton, IN 4744120.0 mi40$8,816,160$187,900$220,404
46166Paragon, IN 4616621.3 mi6$2,600,940$331,694$433,490
47855Hymera, IN 4785521.5 mi2$264,500$132,250$132,250
47449Newberry, IN 4744922.1 mi1$220,000$220,000$220,000

Frequently Asked Questions

How many homes are for sale in FREEDOM, IN 47431?

As of March 2026, there are 4 active listings in FREEDOM, IN (zip code 47431), compared to 3 the prior year.

What is the median home price in FREEDOM, IN 47431?

The median listing price in FREEDOM, IN 47431 is $301,500 as of March 2026, a 35.8% decrease from $469,900 the prior year.

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

Homes in FREEDOM, IN 47431 spend an average of 145 days on the market before going under contract, compared to 162 days the prior year.

Is it a seller's or buyer's market in FREEDOM, IN 47431?

Based on current inventory and days-on-market data as of March 2026, FREEDOM, IN 47431 is currently a Balanced Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are selling faster, averaging 145 days on market compared to 162 days last year.

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

With SELL123.com's maximum 3% commission, sellers in FREEDOM, IN 47431 save an estimated $6,030 compared to a typical 5% commission on the median listing price of $301,500. 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.