Housing in Sullivan, IN

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$169,900

Median List Price

$167,450

Price Per Sq Ft

$122

Days on Market

29

Active Inventory

28

Months of Supply

5.6

Balanced market

Zillow Home Value

$163,427

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 0.2%List Price 39.7%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

20.0%

Off Market in 2 Weeks

14.3%

Sale-to-List Ratio

94.4%

Buyer's market

Sold Above Asking
20.0%
Under Contract in 2 Wks
14.3%
Listings with Price Drops
25.0%

Market Activity

Source: Redfin

Homes Sold

5

New Listings

6

Pending Sales

7

Homes Sold 150.0%New Listings 53.8%Pending 30.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$122

Median List $/SF

$115

Sale $/SF 12.9%List $/SF 30.7%Mar 24Jan 26

Sullivan vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Sullivan is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$97,000

Median Rent

$836

Total Housing Units

2,044

Vacancy Rate

20.0%

Owner Occupied

63.2%

Renter Occupied

36.8%

Median Property Tax

$881

per year

Monthly Cost (w/ Mortgage)

$775

Housing Types

Single Family
69.8%
Multi-Family
21.2%
Mobile Home
8.9%

The current median sale price in Sullivan, IN is $169,900 according to Redfin data. Homes spend a median of 29 days on the market. 20.0% of homes sold above asking price. The market has 5.6 months of supply. The median price per square foot is $122. The median rent is $836 per month (Census ACS). About 63.2% of housing units are owner-occupied. The median year homes were built is 1959. There are 2,044 total housing units.