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CANNELTON, IN 47520

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

Market Analysis

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

The CANNELTON, IN real estate market (47520) currently shows 22 active listings, with 4 pending sales. Homes are averaging 78 days on the market before going under contract.

Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 78 days on market compared to 66 days last year.

The median listing price has fallen 34.7% year-over-year, from $265,000 to $173,000.

Whether you are buying or selling in CANNELTON, 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: 2,909  ·  Density: 13.8/mi²  ·  Median household income: $54,038

Typical home value: $132,856  ·  Homeownership: 73.3%

Market Overview

Active Listings
22
⇧ 46.7% vs 15 last year
Pending
4
18% pending ratio
Median Price
$173,000
⇩ 34.7% vs $265,000 last year
Average Price
$262,982
⇩ 24.5% vs $348,509 last year
Days on Market
78
⇧ 18.2% vs 66 days last year

Price Per Square Foot

Median $/sqft
$127
⇩ 5.9% vs $135/sqft last year
Median Home Size
1,667 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 22 this year vs 15 last year
  • Days on market: 78 now vs 66 last year

Median & Average Pricing

Year over Year
  • Median: $173,000 (-34.7% YoY)
  • Average: $262,982 (-24.5% 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 21.3 miles — 122 listings ($101,338,865 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
47520Cannelton, IN 475200.0 mi20$5,786,700$193,750$289,335
47574Rome, IN 475743.2 mi2$777,750$388,875$388,875
47586Tell City, IN 475866.3 mi60$15,506,340$242,000$258,439
47551Leopold, IN 475519.0 mi2$804,500$402,250$402,250
47514Branchville, IN 4751410.7 mi2$418,500$209,250$209,250
47515Bristow, IN 4751514.1 mi3$1,213,350$404,450$404,450
47531Evanston, IN 4753114.5 mi2$444,800$222,400$222,400
40111Cloverport, KY 4011115.0 mi5$1,039,400$115,000$207,880
40104Battletown, KY 4010415.1 mi4$1,965,732$499,500$491,433
47137Leavenworth, IN 4713717.8 mi2$925,000$462,500$462,500
47579Santa Claus, IN 4757919.4 mi17$72,032,893$297,475$4,237,229
47615Grandview, IN 4761520.0 mi2$324,000$172,000$162,000
42368Reynolds Station, KY 4236821.3 mi1$99,900$99,900$99,900

Frequently Asked Questions

How many homes are for sale in CANNELTON, IN 47520?

As of March 2026, there are 22 active listings in CANNELTON, IN (zip code 47520), compared to 15 the prior year.

What is the median home price in CANNELTON, IN 47520?

The median listing price in CANNELTON, IN 47520 is $173,000 as of March 2026, a 34.7% decrease from $265,000 the prior year.

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

Homes in CANNELTON, IN 47520 spend an average of 78 days on the market before going under contract, compared to 66 days the prior year.

Is it a seller's or buyer's market in CANNELTON, IN 47520?

Based on current inventory and days-on-market data as of March 2026, CANNELTON, IN 47520 is currently a Buyer's Market. Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 78 days on market compared to 66 days last year.

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

With SELL123.com's maximum 3% commission, sellers in CANNELTON, IN 47520 save an estimated $3,460 compared to a typical 5% commission on the median listing price of $173,000. 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.