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FREEDOM, IN 47431

Real Estate Market Report  ·  Owen County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
3
⇩ 25% vs 4 last year
Pending
2
67% pending ratio
Median Price
$319,000
⇧ 27.6% vs $250,000 last year
Average Price
$367,933
⇧ 15.6% vs $318,300 last year
Days on Market
111
⇧ 11% vs 100 days last year

Market Context

Population: 1,689  ·  Density: 17.8/mi²  ·  Median household income: $64,375

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

Market Analysis

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

The FREEDOM, IN real estate market (47431) currently shows 3 active listings, with 2 pending sales. Homes are averaging 111 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 111 days on market compared to 100 days last year.

The median listing price has risen 27.6% year-over-year, from $250,000 to $319,000.

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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 3 this year vs 4 last year
  • Days on market: 111 now vs 100 last year

Median & Average Pricing

Year over Year
  • Median: $319,000 (+27.6% YoY)
  • Average: $367,933 (+15.6% 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 21.5 miles — 355 listings ($128,772,046 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 mi47$20,298,642$377,000$431,886
47833Bowling Green, IN 478339.0 mi1$65,000$65,000$65,000
47868Poland, IN 4786811.6 mi12$3,605,940$249,900$300,495
47840Centerpoint, IN 4784014.2 mi6$2,024,700$322,500$337,450
47424Bloomfield, IN 4742415.4 mi26$7,908,056$289,900$304,156
47429Ellettsville, IN 4742915.8 mi33$11,163,636$315,000$338,292
47404Bloomington, IN 4740417.0 mi79$34,047,973$349,950$430,987
47846Cory, IN 4784617.9 mi1$174,900$174,900$174,900
47403Bloomington, IN 4740319.1 mi100$36,261,300$296,450$362,613
47441Linton, IN 4744120.0 mi40$9,867,640$194,900$246,691
46166Paragon, IN 4616621.3 mi5$1,977,960$182,500$395,592
47855Hymera, IN 4785521.5 mi2$272,500$136,250$136,250

Frequently Asked Questions

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

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

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

The median listing price in FREEDOM, IN 47431 is $319,000 as of January 2026, a 27.6% increase from $250,000 the prior year.

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

Homes in FREEDOM, IN 47431 spend an average of 111 days on the market before going under contract, compared to 100 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 January 2026, FREEDOM, IN 47431 is currently a Balanced Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 111 days on market compared to 100 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 $6,380 compared to a typical 5% commission on the median listing price of $319,000. 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.