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VINCENNES, IN 47591

Real Estate Market Report
Balanced Market
September 2026  ·  Source: Realtor.com

Market Analysis

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

The VINCENNES, IN real estate market (47591) currently shows 79 active listings, with 23 pending sales. Homes are averaging 64 days on the market before going under contract.

Inventory has tightened compared to last year, with 11 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 64 days on market compared to 52 days last year.

The median listing price has fallen 11.5% year-over-year, from $214,000 to $189,450.

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Market Context

Market Context

Population: 25,378  ·  Density: 58.9/mi²  ·  Median household income: $57,594

Typical home value: $132,795  ·  Homeownership: 61.1%

Market Overview

Active Listings
79
⇩ 12.2% vs 90 last year
Pending
23
29% pending ratio
Median Price
$189,450
⇩ 11.5% vs $214,000 last year
Average Price
$239,590
⇩ 13% vs $275,347 last year
Days on Market
64
⇧ 23.1% vs 52 days last year

Price Per Square Foot

Median $/sqft
$119
⇧ 8.2% vs $110/sqft last year
Median Home Size
1,516 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 79 this year vs 90 last year
  • Days on market: 64 now vs 52 last year

Median & Average Pricing

Year over Year
  • Median: $189,450 (-11.5% YoY)
  • Average: $239,590 (-13% 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 24.3 miles — 173 listings ($37,362,779 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
47591Vincennes, IN 475910.0 mi74$18,199,930$197,425$245,945
47640Hazleton, IN 4764010.0 mi2$335,416$120,000$167,708
47516Bruceville, IN 4751611.0 mi4$433,868$84,950$108,467
47597Wheatland, IN 4759711.4 mi1$540,000$540,000$540,000
47512Bicknell, IN 4751214.9 mi16$2,117,920$105,925$132,370
47567Petersburg, IN 4756715.1 mi13$2,140,424$152,975$164,648
47561Oaktown, IN 4756116.7 mi6$594,828$99,100$99,138
47649Francisco, IN 4764918.9 mi1$415,000$415,000$415,000
47670Princeton, IN 4767019.6 mi33$8,942,670$224,900$270,990
47528Edwardsport, IN 4752820.0 mi2$394,350$197,175$197,175
47568Plainville, IN 4756823.1 mi1$419,900$419,900$419,900
47838Carlisle, IN 4783824.2 mi3$353,001$120,000$117,667
47660Oakland City, IN 4766024.3 mi17$2,475,472$143,150$145,616

Frequently Asked Questions

How many homes are for sale in VINCENNES, IN 47591?

As of September 2026, there are 79 active listings in VINCENNES, IN (zip code 47591), compared to 90 the prior year.

What is the median home price in VINCENNES, IN 47591?

The median listing price in VINCENNES, IN 47591 is $189,450 as of September 2026, a 11.5% decrease from $214,000 the prior year.

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

Homes in VINCENNES, IN 47591 spend an average of 64 days on the market before going under contract, compared to 52 days the prior year.

Is it a seller's or buyer's market in VINCENNES, IN 47591?

Based on current inventory and days-on-market data as of September 2026, VINCENNES, IN 47591 is currently a Balanced Market. Inventory has tightened compared to last year, with 11 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 64 days on market compared to 52 days last year.

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

With SELL123.com's maximum 3% commission, sellers in VINCENNES, IN 47591 save an estimated $3,789 compared to a typical 5% commission on the median listing price of $189,450. 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.