Data as of June 2026. Source: Realtor.com.
The VELPEN, IN real estate market (47590) currently shows 2 active listings. Homes are averaging 42 days on the market before going under contract.
Inventory levels are unchanged compared to last year.
Homes are taking longer to sell, averaging 42 days on market compared to 38 days last year.
The median listing price has risen 73.1% year-over-year, from $349,500 to $604,850.
Whether you are buying or selling in VELPEN, 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.
Population: 456 · Density: 4.3/mi² · Median household income: $97,250
Typical home value: $233,388 · Homeownership: 88.5%
Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 47590 | Velpen, IN 47590 | 0.0 mi | 1 | $225,000 | $225,000 | $225,000 |
| 47585 | Stendal, IN 47585 | 6.9 mi | 1 | $335,500 | $335,500 | $335,500 |
| 47541 | Holland, IN 47541 | 8.5 mi | 1 | $199,700 | $199,700 | $199,700 |
| 47546 | Jasper, IN 47546 | 10.1 mi | 31 | $12,000,038 | $303,525 | $387,098 |
| 47660 | Oakland City, IN 47660 | 13.1 mi | 17 | $2,475,472 | $143,150 | $145,616 |
| 47637 | Tennyson, IN 47637 | 15.3 mi | 1 | $140,000 | $140,000 | $140,000 |
| 47532 | Ferdinand, IN 47532 | 16.0 mi | 8 | $4,262,184 | $334,750 | $532,773 |
| 47519 | Cannelburg, IN 47519 | 18.0 mi | 2 | $4,609,900 | $2,304,950 | $2,304,950 |
| 47527 | Dubois, IN 47527 | 19.3 mi | 4 | $1,649,800 | $412,450 | $412,450 |
| 47557 | Monroe City, IN 47557 | 19.8 mi | 4 | $1,577,400 | $426,250 | $394,350 |
| 47558 | Montgomery, IN 47558 | 20.4 mi | 6 | $2,286,252 | $379,000 | $381,042 |
| 47513 | Birdseye, IN 47513 | 22.0 mi | 8 | $2,596,672 | $274,950 | $324,584 |
| 47601 | Boonville, IN 47601 | 22.4 mi | 40 | $12,417,040 | $261,150 | $310,426 |
As of June 2026, there are 2 active listings in VELPEN, IN (zip code 47590), compared to 2 the prior year.
The median listing price in VELPEN, IN 47590 is $604,850 as of June 2026, a 73.1% increase from $349,500 the prior year.
Homes in VELPEN, IN 47590 spend an average of 42 days on the market before going under contract, compared to 38 days the prior year.
Based on current inventory and days-on-market data as of June 2026, VELPEN, IN 47590 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are taking longer to sell, averaging 42 days on market compared to 38 days last year.
With SELL123.com's maximum 3% commission, sellers in VELPEN, IN 47590 save an estimated $12,097 compared to a typical 5% commission on the median listing price of $604,850. 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.