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CHARLESTOWN, IN 47111

Real Estate Market Report
Buyer's Market
February 2026  ·  Source: Realtor.com

Market Analysis

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

The CHARLESTOWN, IN real estate market (47111) currently shows 162 active listings, with 54 pending sales. Homes are averaging 51 days on the market before going under contract.

Inventory has increased compared to last year, with 66 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 51 days on market compared to 37 days last year.

The median listing price has fallen 6.6% year-over-year, from $338,650 to $316,225.

Whether you are buying or selling in CHARLESTOWN, 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: 18,144  ·  Density: 81.5/mi²  ·  Median household income: $88,183

Typical home value: $238,135  ·  Homeownership: 85.5%

Market Overview

Active Listings
162
⇧ 68.8% vs 96 last year
Pending
54
33% pending ratio
Median Price
$316,225
⇩ 6.6% vs $338,650 last year
Average Price
$327,410
⇩ 7.7% vs $354,593 last year
Days on Market
51
⇧ 37.8% vs 37 days last year

Price Per Square Foot

Median $/sqft
$182
⇧ 11.7% vs $163/sqft last year
Median Home Size
1,752 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 162 this year vs 96 last year
  • Days on market: 51 now vs 37 last year

Median & Average Pricing

Year over Year
  • Median: $316,225 (-6.6% YoY)
  • Average: $327,410 (-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 14.6 miles — 504 listings ($209,305,856 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
47111Charlestown, IN 471110.0 mi163$51,805,638$299,450$317,826
47141Marysville, IN 471415.9 mi5$1,718,000$342,200$343,600
47143Memphis, IN 471437.6 mi43$13,432,813$304,900$312,391
47172Sellersburg, IN 471728.8 mi83$26,461,147$299,800$318,809
47126Henryville, IN 471269.8 mi28$12,053,776$399,999$430,492
47147Nabb, IN 4714710.2 mi2$909,900$454,950$454,950
40025Glenview, KY 4002511.4 mi1$4,795,000$4,795,000$4,795,000
40010Buckner, KY 4001011.6 mi1$641,900$641,900$641,900
47177Underwood, IN 4717712.2 mi3$701,850$226,900$233,950
40031La Grange, KY 4003113.2 mi97$51,125,499$412,500$527,067
40056Pewee Valley, KY 4005613.5 mi12$7,871,856$509,750$655,988
40222Louisville, KY 4022214.0 mi57$31,555,257$427,000$553,601
47106Borden, IN 4710614.6 mi9$6,233,220$425,000$692,580

Frequently Asked Questions

How many homes are for sale in CHARLESTOWN, IN 47111?

As of February 2026, there are 162 active listings in CHARLESTOWN, IN (zip code 47111), compared to 96 the prior year.

What is the median home price in CHARLESTOWN, IN 47111?

The median listing price in CHARLESTOWN, IN 47111 is $316,225 as of February 2026, a 6.6% decrease from $338,650 the prior year.

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

Homes in CHARLESTOWN, IN 47111 spend an average of 51 days on the market before going under contract, compared to 37 days the prior year.

Is it a seller's or buyer's market in CHARLESTOWN, IN 47111?

Based on current inventory and days-on-market data as of February 2026, CHARLESTOWN, IN 47111 is currently a Buyer's Market. Inventory has increased compared to last year, with 66 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 51 days on market compared to 37 days last year.

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

With SELL123.com's maximum 3% commission, sellers in CHARLESTOWN, IN 47111 save an estimated $6,325 compared to a typical 5% commission on the median listing price of $316,225. 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.