In ZIP Code 47429, which covers Ellettsville, the median home sold for $310,900 from July to September 2026, against $335,000 for Monroe County (Indiana REALTORS Housing Hub). In September 2026 the median home took 82 days to go under contract, with 4.3 months of inventory. Sales are few in a small ZIP Code, so each figure moves with a handful of homes. What that means for you depends on your price range and your home's condition.
What we analyzed: Indiana REALTORS Housing Hub figures for ZIP Code 47429 and Monroe County, July to September 2026, September 2026 and the three weeks ending with the week of Oct. 26, 2026, as published.
Ellettsville home prices and days on market
Jul to Sep 2026
- Median sale price, 47429
- $310,900
- Jul to Sep 2026, 32 sales
- Median days on market
- 82 days
- 47429, September 2026
- Months of inventory
- 4.3
- 47429, September 2026
- Listings with a price cut
- 49.1%
- 47429, three weeks to the week of Oct. 26, 2026
Source: Indiana REALTORS Housing Hub, ZIP Code 47429 figures as published. Median sale prices are the Housing Hub's three-month figures.
How long do Ellettsville homes take to go under contract?
Longer than a year ago. In September 2026 the median home in 47429 went under contract in 82 days, which the Housing Hub reports as 82% longer than September 2025. Monroe County's median was 73 days.
Only 2 new pending contracts were recorded in 47429 in September 2026, against 12 new listings. With so few contracts, one slow listing can move the median, so treat it as a pace to plan around and not as a rule.
Do Ellettsville listings cut their price?
About half do. In the three weeks to the week of Oct. 26, 2026, 49.1% of listings in 47429 had a price decrease, against 48.1% across Monroe County.
Sale price as a share of original list price, a three-week average, was 87.1% in 47429 and 94.6% in the county. For the ZIP Code as a whole that is under 96 percent, which our rule of thumb calls a buyer's market, though a price range can differ. Over the three months from July to September, homes closed at 94.0% of asking price.
What do homes sell for in Ellettsville?
The median sale price in 47429 was $310,900 from July to September 2026 across 32 closed sales, up 18% from the same period a year earlier as published. The Monroe County median was $335,000.
Across the 12 months from October 2025 to September 2026 there were 136 closed sales at a median of $289,000. A ZIP Code this size sells only a few homes a month, so a median can shift when the mix of homes changes.
How much is for sale in Ellettsville?
There were 49 homes for sale on average in September 2026, down 6% from a year earlier as published, which equals 4.3 months of inventory. Monroe County had 5.4 months.
Ellettsville's neighbors in the county look different. ZIP Code 47401 in Bloomington had a median price of $369,750 and 5.5 months of inventory, while 47468 had a median price of $450,000 and 3.8 months.
What we can and cannot say about Ellettsville prices
Our view at Mark Dietel Realty: We report what happened and what it means for your price range. We do not predict prices. Anyone who tells you exactly where prices will be next spring is guessing.
Your options for selling an Ellettsville home
There is more than one way to sell an Ellettsville home. We will lay them side by side with your numbers so you can choose.
List on the market
Usually the highest price, if you have time to prepare and show the home.
- A local agent walks through your home
- Recent sales at your price, side by side
- A pricing and preparation plan for your first weeks on the market
Guaranteed sale
For sellers who need to know the home will sell before they make their next move. Conditions apply.
- We agree on the price up front
- Plan your move around a known outcome
Cash offer
Speed and certainty. Sell as-is, on your timeline.
- No repairs or showings
- See how a cash price compares with listing
A cash offer trades price for speed and certainty. If your home is in good shape and you have time, a cash offer usually means taking less. It can make sense when repairs, timing or certainty matter more than price.
Who this may not be right for
You may not need a listing agent if you already have a buyer, you are comfortable pricing from public sold data, and you are ready to handle disclosures, showings, negotiation and closing paperwork yourself, or with a real estate attorney. Many people sell that way. If that is you, we will tell you so.
We are a team: you work with a listing agent backed by inside sales, coordinators and a transaction coordinator. Some sellers want one person for every call, start to finish. If that matters more to you than a team system, a solo agent may fit you better.
Questions Ellettsville sellers ask us
How long does it take to sell a house in Ellettsville?
In September 2026 the median home in ZIP Code 47429 went under contract in 82 days (Indiana REALTORS Housing Hub). Closing usually follows the contract by several weeks, depending on the buyer's financing.
Should I wait to sell my Ellettsville home?
We report what happened and what it means for your price range. We do not predict prices. Anyone who tells you exactly where prices will be next spring is guessing. The better question is what your plan looks like at today's numbers.
Are Ellettsville figures reliable with so few sales?
They are as published, but a ZIP Code with 32 sales in three months can swing with a few homes. Recent sales at your price, in your part of town, say more than the ZIP median.
How does Ellettsville compare with Bloomington?
Ellettsville's median sale price from July to September 2026 was $310,900 in ZIP Code 47429. Bloomington's four ZIP Codes ranged from $296,709 to $374,950. Read the Bloomington guide for those figures.
More for Ellettsville sellers
- Sell your house in the Bloomington and Ellettsville area with Mark Dietel Realty
- Get cash and listing offers on your Ellettsville home
- All the ways we help sellers in Central Indiana
- Bloomington Real Estate Market: Home Prices and Trends
Sources: Indiana REALTORS Housing Hub (data.indianarealtors.com), ZIP Code 47429 and Monroe County figures as published: median sale price and closed sales Jul to Sep 2026; median days on market, months of inventory, inventory, new listings and new pending contracts September 2026; price decreases and sale price as a share of original list price, three-week average to the week of Oct. 26, 2026. Year-ago changes as published by the Housing Hub. ZIP areas: U.S. Census Bureau. Maps: OpenStreetMap contributors.
This page is general information about the Ellettsville market, not an appraisal or a valuation of any specific home.
