Call or Text (240) SELL-123

BRUCEVILLE, IN 47516

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

Market Analysis

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

The BRUCEVILLE, IN real estate market (47516) currently shows 4 active listings, with 1 pending sales. Homes are averaging 169 days on the market before going under contract.

Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 169 days on market compared to 80 days last year.

The median listing price has fallen 40.3% year-over-year, from $220,000 to $131,450.

Whether you are buying or selling in BRUCEVILLE, 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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for BRUCEVILLE, IN 47516 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 986  ·  Density: 13.1/mi²  ·  Median household income: $69,737

Typical home value: $168,208  ·  Homeownership: 89.2%

Market Overview

Active Listings
4
⇧ 100% vs 2 last year
Pending
1
25% pending ratio
Median Price
$131,450
⇩ 40.3% vs $220,000 last year
Average Price
$135,963
⇩ 25.2% vs $181,667 last year
Days on Market
169
⇧ 111.3% vs 80 days last year

Price Per Square Foot

Median $/sqft
$84
⇩ 42.5% vs $146/sqft last year
Median Home Size
1,708 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 4 this year vs 2 last year
  • Days on market: 169 now vs 80 last year

Median & Average Pricing

Year over Year
  • Median: $131,450 (-40.3% YoY)
  • Average: $135,963 (-25.2% 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 23.1 miles — 162 listings ($36,952,928 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
47516Bruceville, IN 475160.0 mi4$433,868$84,950$108,467
47561Oaktown, IN 475616.5 mi6$594,828$99,100$99,138
47597Wheatland, IN 4759710.4 mi1$540,000$540,000$540,000
62439Lawrenceville, IL 6243911.9 mi26$4,120,584$152,300$158,484
47557Monroe City, IN 4755714.1 mi4$1,577,400$426,250$394,350
47501Washington, IN 4750115.0 mi58$15,295,876$220,700$263,722
47568Plainville, IN 4756815.3 mi1$419,900$419,900$419,900
62451Palestine, IL 6245118.8 mi4$312,200$92,750$78,050
47529Elnora, IN 4752919.6 mi2$431,500$215,750$215,750
47848Dugger, IN 4784820.9 mi8$1,924,560$199,000$240,570
47558Montgomery, IN 4755821.7 mi6$2,286,252$379,000$381,042
47443Lyons, IN 4744322.5 mi2$199,800$99,900$99,900
47441Linton, IN 4744123.1 mi40$8,816,160$187,900$220,404

Frequently Asked Questions

How many homes are for sale in BRUCEVILLE, IN 47516?

As of March 2026, there are 4 active listings in BRUCEVILLE, IN (zip code 47516), compared to 2 the prior year.

What is the median home price in BRUCEVILLE, IN 47516?

The median listing price in BRUCEVILLE, IN 47516 is $131,450 as of March 2026, a 40.3% decrease from $220,000 the prior year.

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

Homes in BRUCEVILLE, IN 47516 spend an average of 169 days on the market before going under contract, compared to 80 days the prior year.

Is it a seller's or buyer's market in BRUCEVILLE, IN 47516?

Based on current inventory and days-on-market data as of March 2026, BRUCEVILLE, IN 47516 is currently a Buyer's Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 169 days on market compared to 80 days last year.

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

With SELL123.com's maximum 3% commission, sellers in BRUCEVILLE, IN 47516 save an estimated $2,629 compared to a typical 5% commission on the median listing price of $131,450. 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.