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Sarah Mitchell

CNESRESABR

Compass Real Estate · Brazil, IN

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Brazil, IN(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Brazil, IN Housing Market

Seller's market+3.7% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly

The typical home in Brazil, IN is worth $196,138, rose 3.7% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $229,900, +73.5% year over year (through May 2026). With 3.3 months of supply and homes going under contract in about 6 days, Brazil is a seller's market. At today's 7.03% 30-year fixed rate, 20% down on a $196,138 home is about $1,047/mo in principal and interest.

Key numbers for Brazil, IN

Typical home value

$196,138

+3.7% in 12 months

Zillow, August 2026

Median sale price

$229,900

+73.5% year over year

Redfin, through May 2026

Days on market

6

Fast-moving

Redfin, through May 2026

Active listings

23

3.3 months of supply

Redfin, through May 2026

30-yr fixed rate

7.03%

Freddie Mac weekly average

Freddie Mac via FRED, September 2026

Median household income

$49,331

Home costs 4.0x income

U.S. Census ACS, 2023

Sale-to-list ratio

98.0%

Selling below asking

Redfin, through May 2026

Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.

Is Brazil a buyer's or seller's market?

Seller's market3.3 months of supply6 days on market98.0% of asking

Brazil, IN is a seller's market, based on 3.3 months of supply and homes selling in about 6 days. Under 4 months of supply tilts the market toward sellers: homes clear faster than they are replaced, so concessions are scarce.

Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from

What does the Brazil housing market data show?

Every row below is Redfin's final published month for Brazil, IN. Redfin, through May 2026

Housing market statistics for Brazil, IN, Redfin through May 2026
MetricValue
Median sale price$229,900
Median list price$199,000
Year-over-year price change+73.5%
Median price per sq ft$115/sq ft
Median days on market6 days
Active inventory23 listings
Months of supply3.3 months
Sale-to-list price ratio98.0%
Homes sold (that month)7
New listings (that month)11
Listings with a price cut30.4%
Market conditionSeller's market

How to read these numbers

Median sale price
Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Brazil is frozen at May 2026.
Typical home value (ZHVI)
Zillow's estimate of what a mid-market home in Brazil is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
Months of supply
How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
Days on market
Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
Sale-to-list ratio
Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
Price per square foot
The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
Listings with a price cut
Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
Typical asking rent (ZORI)
Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.

How have Brazil home prices moved?

Over the last three years the median sale price in Brazil, IN rose 142.0%, from $95,000 to $229,900. The live Zillow value series has rose 3.7% in the last 12 months, which is the more current read now that Redfin's series has stopped. 30.4% of Brazil listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay. For prices to fall meaningfully from here, supply would have to keep building past 3.3 months while the sale-to-list ratio slips below its current 98.0%. Watch those two together — they move before the median does.

Redfin, through May 2026 — the chart ends at Redfin's final published month.

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What does it cost to buy a home in Brazil?

Priced off the typical home value of $196,138 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.

Monthly principal and interest by down payment in Brazil, IN
Down paymentCash at closeLoan amountMonthly P&I
20%$39,228$156,910$1,047/mo
5%$9,807$186,331$1,243/mo

Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate

What income do you need?

Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $1,047, that implies roughly $44,875 a year before you add taxes and insurance. The median household in Brazil earns $49,331, about $4,456 more than that threshold — the typical local household clears the payment on a typical local home with 20% down. That puts the price-to-income ratio at 4.0x — above the historical 3x norm but in line with much of the country in 2026.

Run it with your own numbers: affordability calculator · mortgage calculator

Buying in Brazil in the next 12 months?

Tell us your timeline. We send the Brazil market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.

Is it cheaper to rent or buy in Brazil?

Zillow does not publish a rent index (ZORI) for Brazil, IN, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.

Is inventory rising or falling in Brazil?

Active listings in Brazil, IN went from 17 in May 2025 to 23 in May 2026, a +35.3% change. Rising inventory is the single most useful leading indicator for buyers: more choice, longer marketing times, and more sellers willing to negotiate before price cuts show up in the median.

Active listings by month in Brazil, IN
MonthActive listingsNew listings
June 20252010
July 2025189
August 20252716
September 20252812
October 20252715
November 2025227
December 2025183
January 2026146
February 2026156
March 20262017
April 2026198
May 20262311

Redfin, through May 2026

How does Brazil compare to Indiana and the U.S.?

Brazil homes sell for $229,900 — 20% below the Indiana median of $287,300. Against the national median of $410,700, Brazil runs 44% lower. Year-over-year, Brazil moved +73.5% against Indiana's +4.2% — a bigger swing than the state as a whole.

Brazil, IN compared with Indiana and the United States
MarketMedian sale priceYoYDays on market
Brazil, IN$229,900+73.5%6 days
Indiana statewide$287,300+4.2%26 days
United States$410,700not publishednot published

City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)

What to do next in Brazil

What buyers should watch

  • Months of supply, currently 3.3. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
  • The share of listings cutting price, currently 30.4%. A listing that has already cut once is the one most likely to accept below asking.
  • The gap between 5% and 20% down here is $196 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
  • Rate moves. At 7.03%, every full point of rate change moves the payment on a $196,138 home more than a 5% price change does.
  • Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.

What sellers should know

  • The median Brazil listing goes under contract in 6 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
  • Homes here close at 98.0% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
  • In the last published month Brazil added 11 new listings against 7 sales — more competition arriving than clearing, so early timing matters.
  • Your equity moved +3.7% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
  • Comparable ZIP-level pricing inside Brazil varies more than the citywide median suggests — check the ZIP pages below before you set a number.

Homes for sale in Brazil

There are currently 23 homes listed for sale in Brazil, Indiana. The median listing price is $199K.

Active listings

23

Homes on market

Median list price

$199K

Avg. days on market

6

Days until sale

New this week

11

Newly listed

Price drops:30.4%of listings
Sale-to-list:98.0%

How much do homes cost in Brazil by property type?

How the Brazil, IN market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026

Median price, price per square foot, homes sold and days on market by property type in Brazil, IN
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$179,999$114/sq ft526 days
Condo / co-op$260,000$198/sq ft13 days

Who lives in Brazil?

American Community Survey estimates for Brazil. U.S. Census ACS, 2023

Population

8,064

Households

3,474

Median income

$49,331/yr

Median age

40.8 years

Owner-occupied

65.5%

Median home value

$105,900

Median gross rent

$824/mo

Mean commute

30.9 min

65.5% of occupied homes in Brazil are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $105,900 against Zillow's $196,138 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions.

Which public schools serve Brazil?

8 schools tracked · 3,382 students

The largest public schools serving Brazil, IN by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Northview High School

Grades 9-12 · 894 students

Public

North Clay Middle School

Grades 6-8 · 765 students

Public

Staunton Elementary School

Grades K-5 · 391 students

Public

Meridian Street Elementary School

Grades PK-5 · 307 students

Public

Forest Park Elementary School

Grades PK-5 · 284 students

Public

Van Buren Elementary School

Grades K-5 · 269 students

Public

Jackson Township Elementary School

Grades K-5 · 257 students

Public

East Side Elementary School

Grades PK-5 · 215 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Brazil, IN?

Ordered by distance from Brazil, not by size. Compare Brazil side by side with any of them.

Brazil housing market FAQ

Is Brazil a buyer's or seller's market?

Brazil, IN is currently a seller's market. That read comes from 3.3 months of supply, homes going under contract in about 6 days, and sellers getting 98.0% of their asking price in the last month Redfin published (May 2026).

How much do homes cost in Brazil?

The typical home in Brazil, IN is worth $196,138 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $229,900, about $115 per square foot.

Is Brazil cheaper than the rest of Indiana?

Brazil's median sale price of $229,900 is 20% lower than the Indiana statewide median of $287,300, and 44% below the U.S. median of $410,700. Both figures are for the same period.

How long do homes take to sell in Brazil?

Homes in Brazil, IN spent a median of 6 days on market before going under contract, versus 26 days statewide. Under three weeks means well-priced listings move before most buyers can schedule a second showing. (Redfin, through May 2026.)

What income do you need to buy a home in Brazil?

At the current 30-year fixed rate of 7.03%, 20% down on a $196,138 home is about $1,047 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $44,875 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $49,331.

Are home prices rising in Brazil?

The typical home value in Brazil, IN rose 3.7% over the last 12 months, from $189,052 to $196,138 (Zillow, August 2026). This is the live series — it refreshes monthly.

What are the cheapest ZIP codes in Brazil?

Brazil ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.

Is now a good time to buy in Brazil?

That depends on your timeline, not on a headline. What the data says today: Brazil, IN is a seller's market with 3.3 months of supply, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.

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One email: what homes are actually clearing at around $196,138, how long they sit, which ZIPs run cheaper, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.