Market Intelligence Report — IN-220

Connersville, IN

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-IN-08
As of the latest 2026 data
Cooling

Median Listing

$177K
-11.5% YoY

Pending Ratio

0.43
-9.0% YoY

Active Inventory

88
+27.5% YoY

Median DOM

59 Days
-11.4% YoY

Primary Intelligence Tool — Sold Score™

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Connersville, IN, is currently experiencing a Cooling market condition. The pending ratio stands at 0.43, indicating that demand absorption is moderating relative to available inventory. Active listings have expanded significantly year-over-year, rising by 27.5%.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the Connersville market right now.

The market is characterized by expanding supply and contracting demand. Active listings increased by 27.5% over the past year, while new listings saw an 11.1% decline. The pending ratio has decreased by 9.0% year-over-year, reflecting a reduction in demand relative to supply. Despite a month-over-month increase of 5.9% in the median listing price, the median listing price has declined by 11.5% over the past year, alongside a 6.6% decrease in median $/sqft.

Historical Analysis

Market Trends

Median Price

$177K+5.9% MoM

Active Inventory

88+27.5% YoY

Days on Market

59-11.4% YoY

Sold Score™

51-9.0% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

51
Sep 23Aug 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Sep 23Aug 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Sep 23Apr 24Nov 24Jun 25Jan 26Aug 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

With a pending ratio of 0.43 and a substantial year-over-year increase in active listings, buyers are likely to encounter a broader selection of properties. The market pace has shifted, allowing for more extended negotiation periods. Sellers may need to demonstrate greater price discipline to align with current demand levels and reduce time on market.

Luxury Segment

No distinct luxury-segment signal in this dataset.

Supply Dynamics

88 active listings represent the current floor, with new supply arriving at roughly 32 per month.

Pricing Pressure
14.2%

of active listings carry a price reduction, -11.5% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -6.6% year-over-year.

Absorption
0.43

Pending-to-active ratio — Cooling.

Recommended For This Market

Cooling

Selling in Connersville, IN? Homes here are taking 8 days less to sell than last year.

Connersville, IN is sitting near equilibrium. Preparation, pricing and timing decide whether a listing sells fast or lingers.

Buyer Demand Index
43%
Median Days on Market
59 days
Inventory YoY
+28%

Connersville, IN is balanced, so preparation decides the outcome. Your Sold Score shows where you stand today.

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Metro Demographics

Metro Area
Connersville, IN
CBSA Code
18220
State
IN