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SULLIVAN, IN 47882

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

Market Analysis

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

The SULLIVAN, IN real estate market (47882) currently shows 48 active listings, with 8 pending sales. Homes are averaging 105 days on the market before going under contract.

Inventory has increased compared to last year, with 24 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 105 days on market compared to 39 days last year.

The median listing price has risen 21.1% year-over-year, from $185,650 to $224,889.

Whether you are buying or selling in SULLIVAN, 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: 7,984  ·  Density: 21.7/mi²  ·  Median household income: $52,232

Typical home value: $127,278  ·  Homeownership: 71.5%

Market Overview

Active Listings
48
⇧ 100% vs 24 last year
Pending
8
17% pending ratio
Median Price
$224,889
⇧ 21.1% vs $185,650 last year
Average Price
$213,096
⇧ 6.8% vs $199,592 last year
Days on Market
105
⇧ 169.2% vs 39 days last year

Price Per Square Foot

Median $/sqft
$137
⇧ 29.2% vs $106/sqft last year
Median Home Size
1,505 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 48 this year vs 24 last year
  • Days on market: 105 now vs 39 last year

Median & Average Pricing

Year over Year
  • Median: $224,889 (+21.1% YoY)
  • Average: $213,096 (+6.8% 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 21.5 miles — 125 listings ($26,884,370 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
47882Sullivan, IN 478820.0 mi51$10,733,511$221,950$210,461
47861Merom, IN 478618.5 mi3$95,499$30,000$31,833
47855Hymera, IN 478559.0 mi2$272,500$136,250$136,250
47850Farmersburg, IN 4785010.7 mi8$1,575,888$186,450$196,986
47438Jasonville, IN 4743813.2 mi19$4,688,497$148,400$246,763
47858Lewis, IN 4785815.4 mi1$495,000$495,000$495,000
47561Oaktown, IN 4756116.2 mi6$959,400$122,400$159,900
47535Freelandville, IN 4753516.6 mi1$58,450$58,450$58,450
47578Sandborn, IN 4757818.1 mi2$443,500$221,750$221,750
47443Lyons, IN 4744319.3 mi1$160,000$160,000$160,000
62454Robinson, IL 6245419.7 mi29$6,991,175$225,000$241,075
62427Flat Rock, IL 6242720.1 mi1$239,000$239,000$239,000
47871Riley, IN 4787121.5 mi1$171,950$171,950$171,950

Frequently Asked Questions

How many homes are for sale in SULLIVAN, IN 47882?

As of February 2026, there are 48 active listings in SULLIVAN, IN (zip code 47882), compared to 24 the prior year.

What is the median home price in SULLIVAN, IN 47882?

The median listing price in SULLIVAN, IN 47882 is $224,889 as of February 2026, a 21.1% increase from $185,650 the prior year.

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

Homes in SULLIVAN, IN 47882 spend an average of 105 days on the market before going under contract, compared to 39 days the prior year.

Is it a seller's or buyer's market in SULLIVAN, IN 47882?

Based on current inventory and days-on-market data as of February 2026, SULLIVAN, IN 47882 is currently a Buyer's Market. Inventory has increased compared to last year, with 24 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 105 days on market compared to 39 days last year.

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

With SELL123.com's maximum 3% commission, sellers in SULLIVAN, IN 47882 save an estimated $4,498 compared to a typical 5% commission on the median listing price of $224,889. 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.