Call or Text (240) SELL-123

BRUCEVILLE, IN 47516

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

Market Overview

Active Listings
4
⇧ 33.3% vs 3 last year
Pending
1
25% pending ratio
Median Price
$123,000
⇩ 56.8% vs $285,000 last year
Average Price
$121,100
⇩ 57.5% vs $285,000 last year
Days on Market
125
⇧ 62.3% vs 77 days last year

Market Context

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

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

Market Analysis

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

The BRUCEVILLE, IN real estate market (47516) currently shows 4 active listings, with 1 pending sales. Homes are averaging 125 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 125 days on market compared to 77 days last year.

The median listing price has fallen 56.8% year-over-year, from $285,000 to $123,000.

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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 4 this year vs 3 last year
  • Days on market: 125 now vs 77 last year

Median & Average Pricing

Year over Year
  • Median: $123,000 (-56.8% YoY)
  • Average: $121,100 (-57.5% 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 23.1 miles — 153 listings ($35,299,531 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
47516Bruceville, IN 475160.0 mi4$484,400$123,000$121,100
47561Oaktown, IN 475616.5 mi6$959,400$122,400$159,900
47528Edwardsport, IN 475289.8 mi3$579,699$179,900$193,233
47591Vincennes, IN 4759111.0 mi76$17,866,992$179,900$235,092
47838Carlisle, IN 4783813.5 mi2$179,000$89,500$89,500
62427Flat Rock, IL 6242714.9 mi1$239,000$239,000$239,000
47578Sandborn, IN 4757815.1 mi2$443,500$221,750$221,750
62451Palestine, IL 6245118.8 mi4$180,000$42,500$45,000
47529Elnora, IN 4752919.6 mi1$268,000$268,000$268,000
47848Dugger, IN 4784820.9 mi8$1,824,400$199,000$228,050
47558Montgomery, IN 4755821.7 mi5$2,247,500$449,500$449,500
47443Lyons, IN 4744322.5 mi1$160,000$160,000$160,000
47441Linton, IN 4744123.1 mi40$9,867,640$194,900$246,691

Frequently Asked Questions

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

As of January 2026, there are 4 active listings in BRUCEVILLE, IN (zip code 47516), compared to 3 the prior year.

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

The median listing price in BRUCEVILLE, IN 47516 is $123,000 as of January 2026, a 56.8% decrease from $285,000 the prior year.

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

Homes in BRUCEVILLE, IN 47516 spend an average of 125 days on the market before going under contract, compared to 77 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 January 2026, BRUCEVILLE, IN 47516 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 125 days on market compared to 77 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 $2,460 compared to a typical 5% commission on the median listing price of $123,000. 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.