Is Ellettsville a buyer's or seller's market right now?

Ellettsville is currently a buyer's market with 8.4 months of supply. 28.6% of homes sell above asking price, and 40.9% go pending within two weeks. The Ridley Sell Score for Ellettsville is 41/100 (Cooling), based on 7 real-time market signals including inventory, pricing trends, and buyer demand.

What's the median home price in Ellettsville?

The median home price in Ellettsville is $249,900, down 28.6% year-over-year. The median price per square foot is $179. Homes sell in a median of 88 days with a sale-to-list ratio of 100.8%.

How much does it cost to sell a home in Ellettsville, Indiana?

On a $249,900 home in Ellettsville, a traditional listing agent charges around $7,497 (3% commission). Add buyer agent commission (3%), closing costs (1–2%), and you could spend $19,992 or more. With Ridley Essentials ($999) you save $6,498, and with Ridley Pro ($3,499) you save $3,998 while getting full agent support.

How does Ridley's flat fee compare to a traditional Ellettsville agent?

A traditional Ellettsville listing agent typically charges 3% of the sale price — about $7,497 on a $249,900 home. Ridley offers two flat-fee plans: Essentials ($999) with MLS listing, marketing tools, and self-service support, or Pro ($3,499) with a dedicated licensed agent. That saves you $6,498–$3,998 compared to a traditional agent.

How long does it take to sell a home in Ellettsville?

The median home in Ellettsville currently spends 88 days on the market before going under contract, down 50% from last year. 40.9% of homes go pending within two weeks. At a 100.8% sale-to-list ratio, sellers are getting very close to or above asking price. Only 16.9% of listings see a price drop, suggesting sellers can hold firm on pricing.

Do I need a real estate agent to sell in Indiana?

No. Indiana does not require you to use a real estate agent to sell your home. You can sell independently (FSBO) or use a flat-fee service like Ridley that gives you MLS access, professional tools, and expert support at a fraction of the traditional commission. On a $249,900 home, that could save you up to $3,998.

What's included with Ridley Essentials and Pro?

Ridley offers two plans in Indiana. Essentials ($999) includes MLS listing distribution, professional listing tools, marketing materials, and self-service support. Pro ($3,499) includes everything in Essentials plus a dedicated licensed agent partner, expert pricing consultation, offer review and negotiation support, contract and deadline management, and full closing coordination. Both save significantly vs. the traditional $7,497 commission.

National/Indiana

Ellettsville, IN

Is Now a Good Time to Sell in Ellettsville, Indiana?

The median home in Ellettsville sells for $249,900 with prices down 28.6% year-over-year. The average seller pays $7,497 in commissions — Ridley’s flat fee saves you $3,998.

Ellettsville Real Estate Market Conditions — April 2026

41out of 100

Ridley Sell Score

How it's scored →

Cooling

41/100

The market is shifting — strategic pricing and presentation matter more.

What this means for sellers

The Ellettsville market is cooling, and sellers need to be strategic. Buyers have more options and are negotiating harder. Invest in staging and professional photography to differentiate your listing. Flexibility on terms can make the difference in attracting serious buyers.

Inventory TightnessFavors buyers

8.4 months of supply — above the 5-month balanced threshold, giving buyers more options. Indiana average is 2.1.

Price MomentumFavors buyers

Prices down 28.6% year-over-year — vs. +12.2% statewide.

Seller LeverageFavors sellers

Homes selling at 100.8% of asking — sellers are getting 0.8% above list on average. Indiana average is 96.1%.

Bidding ActivityNeutral

28.6% of homes selling above list price — 83% above the Indiana average of 15.6%.

Sale SpeedFavors buyers

88 median days on market — 22 days slower than the Indiana average.

Market UrgencyFavors sellers

40.9% of listings go pending within 2 weeks — vs. 18.4% statewide.

Price StabilityNeutral

16.9% of listings have dropped their price. Indiana average is 19.7%.

Score based on 7 real-time market signals. Updated with latest available data.

How it works →

Median Sale Price

The midpoint price of all homes sold in the past month. Half sold for more, half for less.

$249,900

-28.6%

Days on Market

How long the typical home sits on the market before going under contract. Lower is better for sellers.

-50%

Price per Sq Ft

Average cost per square foot of living space. Useful for comparing homes of different sizes.

$179

Sale-to-List Ratio

How close homes sell to their asking price. Above 100% means bidding wars; below means negotiation room.

100.8%

Months of Supply

How long it would take to sell all current listings at the current pace. Under 3 months favors sellers; over 6 favors buyers.

8.4

Buyer’s market

Competitiveness

Overall market competition based on offers per listing, days on market, and sale-to-list ratio.

Somewhat Competitive

Sold Above List

Percentage of homes that sold for more than their list price.

28.6%

Moderate demand

Price Drops

Percentage of active listings that had a price reduction.

16.9%

Well-priced market

Pending in 2 Weeks

Percentage of listings that went under contract within 14 days.

40.9%

Moderate pace

12-Month Price Trend

$314,600 → $249,900

▼20.6%

$350K$300K$250K

MayJulSepNovJanMarApr

Data updated April 2026

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Personalized pricing signals, demand shifts, and Sell Score changes for Ellettsville — delivered monthly.

Your savings

How much can you save selling your home in Ellettsville?

The average Ellettsville homeowner saves $3,998 by selling with Ridley instead of paying the traditional 3% listing commission on a $249,900 home.

$0Estimated savings

That could furnish your new living room — save 1.6% of your home value

Your Ellettsville home value

$249,900

$50,000$10M

Traditional Agent (3%)

$7,497

Ridley Pro (flat fee)

$3,499

Ready to sell in Ellettsville?

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Cost comparison

How much does it cost to sell a house in Ellettsville?

The total cost to sell a house in Ellettsville in 2026 ranges from $999 with Ridley Essentials to approximately $7,497 with a traditional 3% commission on a $249,900 home.

	Traditional Agent	Best valueRidley Pro	Ridley Essentials	FSBO
Listing fee	$7,497	$3,499	$999	$0
Buyer agent	$6,9972.8% avg	$4,998~2% avg	$4,998~2% avg	$6,9972.8% avg
Closing costs (~1.5%)	$3,749	$3,749	$3,749	$3,749
Total cost	$18,243	$12,246	$9,746	$10,746
Net proceeds	$231,657	$237,654	$240,154	$239,154
You save	—	$5,997	$8,497	$7,497No support