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SHOALS, IN 47581

Real Estate Market Report  ·  Martin County
Seller's Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The SHOALS, IN real estate market (47581) currently shows 8 active listings, with 3 pending sales. Homes are averaging 37 days on the market before going under contract.

Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 37 days on market compared to 44 days last year.

The median listing price has risen 41.5% year-over-year, from $219,900 to $311,250.

Whether you are buying or selling in SHOALS, 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: 3,009  ·  Density: 8.2/mi²  ·  Median household income: $59,189

Typical home value: $137,238  ·  Homeownership: 83.8%

Market Overview

Active Listings
8
⇩ 33.3% vs 12 last year
Pending
3
38% pending ratio
Median Price
$311,250
⇧ 41.5% vs $219,900 last year
Average Price
$316,050
⇧ 7.7% vs $293,467 last year
Days on Market
37
⇩ 15.9% vs 44 days last year

Price Per Square Foot

Median $/sqft
$166
⇧ 26.7% vs $131/sqft last year
Median Home Size
1,827 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 8 this year vs 12 last year
  • Days on market: 37 now vs 44 last year

Median & Average Pricing

Year over Year
  • Median: $311,250 (+41.5% YoY)
  • Average: $316,050 (+7.7% 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 23.9 miles — 106 listings ($36,056,030 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
47581Shoals, IN 475810.0 mi4$1,130,600$298,500$282,650
47469West Baden Springs, IN 474699.0 mi12$3,046,068$260,250$253,839
47470Williams, IN 4747012.6 mi1$849,900$849,900$849,900
47432French Lick, IN 4743213.5 mi24$7,023,456$241,250$292,644
47558Montgomery, IN 4755815.0 mi6$2,286,252$379,000$381,042
47562Odon, IN 4756216.7 mi7$1,376,760$199,000$196,680
47546Jasper, IN 4754618.8 mi31$12,000,038$303,525$387,098
47453Owensburg, IN 4745319.0 mi2$1,874,900$937,450$937,450
47451Oolitic, IN 4745120.7 mi5$1,024,750$204,950$204,950
47462Springville, IN 4746221.6 mi9$4,206,906$532,363$467,434
47529Elnora, IN 4752921.8 mi2$431,500$215,750$215,750
47449Newberry, IN 4744921.9 mi1$220,000$220,000$220,000
47175Taswell, IN 4717523.9 mi2$584,900$292,450$292,450

Frequently Asked Questions

How many homes are for sale in SHOALS, IN 47581?

As of March 2026, there are 8 active listings in SHOALS, IN (zip code 47581), compared to 12 the prior year.

What is the median home price in SHOALS, IN 47581?

The median listing price in SHOALS, IN 47581 is $311,250 as of March 2026, a 41.5% increase from $219,900 the prior year.

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

Homes in SHOALS, IN 47581 spend an average of 37 days on the market before going under contract, compared to 44 days the prior year.

Is it a seller's or buyer's market in SHOALS, IN 47581?

Based on current inventory and days-on-market data as of March 2026, SHOALS, IN 47581 is currently a Seller's Market. Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 37 days on market compared to 44 days last year.

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

With SELL123.com's maximum 3% commission, sellers in SHOALS, IN 47581 save an estimated $6,225 compared to a typical 5% commission on the median listing price of $311,250. 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.