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CARBON, IN 47837

Real Estate Market Report  ·  Parke County
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The CARBON, IN real estate market (47837) currently shows 2 active listings, with 1 pending sales. Homes are averaging 137 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 137 days on market compared to 91 days last year.

The median listing price has risen 118% year-over-year, from $167,450 to $365,000.

Whether you are buying or selling in CARBON, 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: 958  ·  Density: 11.7/mi²  ·  Median household income: $73,063

Typical home value: $135,556  ·  Homeownership: 91.1%

Market Overview

Active Listings
2
⇩ 33.3% vs 3 last year
Pending
1
50% pending ratio
Median Price
$365,000
⇧ 118% vs $167,450 last year
Average Price
$365,000
⇧ 118% vs $167,450 last year
Days on Market
137
⇧ 50.5% vs 91 days last year

Price Per Square Foot

Median $/sqft
$184
⇧ 60% vs $115/sqft last year
Median Home Size
1,988 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 2 this year vs 3 last year
  • Days on market: 137 now vs 91 last year

Median & Average Pricing

Year over Year
  • Median: $365,000 (+118% YoY)
  • Average: $365,000 (+118% 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 19.1 miles — 230 listings ($58,944,967 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
47837Carbon, IN 478370.0 mi1$365,000$365,000$365,000
47834Brazil, IN 478347.3 mi48$16,314,192$272,975$339,879
47874Rosedale, IN 478748.8 mi8$1,459,040$173,725$182,380
46171Reelsville, IN 4617110.1 mi4$1,036,532$225,000$259,133
46135Greencastle, IN 4613512.0 mi46$15,183,634$292,475$330,079
47805Terre Haute, IN 4780512.7 mi34$8,291,410$238,650$243,865
46175Russellville, IN 4617515.2 mi1$225,000$225,000$225,000
47840Centerpoint, IN 4784015.5 mi4$1,440,668$367,500$360,167
47804Terre Haute, IN 4780417.4 mi38$5,129,772$127,575$134,994
47884Universal, IN 4788418.1 mi3$324,801$45,000$108,267
46105Bainbridge, IN 4610518.4 mi1$261,000$261,000$261,000
47842Clinton, IN 4784218.8 mi32$6,249,248$142,750$195,289
47868Poland, IN 4786819.1 mi10$2,664,670$242,475$266,467

Frequently Asked Questions

How many homes are for sale in CARBON, IN 47837?

As of March 2026, there are 2 active listings in CARBON, IN (zip code 47837), compared to 3 the prior year.

What is the median home price in CARBON, IN 47837?

The median listing price in CARBON, IN 47837 is $365,000 as of March 2026, a 118% increase from $167,450 the prior year.

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

Homes in CARBON, IN 47837 spend an average of 137 days on the market before going under contract, compared to 91 days the prior year.

Is it a seller's or buyer's market in CARBON, IN 47837?

Based on current inventory and days-on-market data as of March 2026, CARBON, IN 47837 is currently a Balanced Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 137 days on market compared to 91 days last year.

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

With SELL123.com's maximum 3% commission, sellers in CARBON, IN 47837 save an estimated $7,300 compared to a typical 5% commission on the median listing price of $365,000. 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.