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Featured local agent — Brazil, IN
Sarah Mitchell
Compass Real Estate · Brazil, IN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Brazil, IN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$229,900median sale price
How is the Brazil, IN housing market right now?
The median home sale price in Brazil, IN is $229,900, up 73.5% year-over-year. Homes sell in an average of 6 days with 23 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Brazil a buyer's or seller's market?
Brazil, IN is currently a seller's market, based on 3.3 months of supply and homes selling in about 6 days. How we determine this →
Homes sold
7
Last 12 weeks
Days on market
6
Fast-moving
Active listings
23
3.3 months supply
Sale-to-list
98.0%
Below asking
What does the Brazil housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $229,900 |
| Median list price | $199,000 |
| Year-over-year price change | +73.5% |
| Average days on market | 6 days |
| Active inventory | 23 listings |
| Months of supply | 3.3 months |
| Sale-to-list price ratio | 98.0% |
| Median price per sq ft | $115/sq ft |
| Homes sold (latest month) | 7 |
| New listings (latest month) | 11 |
| Listings with a price cut | 30.4% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Brazil by property type?
How the Brazil, IN market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $179,999 | $114/sq ft | 5 | 26 days |
| Condo / Co-op | $260,000 | $198/sq ft | 1 | 3 days |
Source: Redfin · Updated monthly
The Brazil housing market is currently classified as a seller's market with a median sale price of $229,900. Prices have risen 73.5% compared to last year, with homes spending an average of 6 days on market, indicating 3.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.0x provides context for how home values compare to local earning capacity.
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
Who lives in Brazil?
Population
8,064
Median income
$49,331/yr
Median age
40.8 years
Owner-occupied
65.5%
College grads
9.7%
Avg commute
30.9 min
Source: U.S. Census Bureau ACS
What are homes worth in Brazil?
Zillow home value
$195,788
Zillow rent index
$1,025/mo
Price-to-rent ratio
15.9x
Price-to-income
4.0x
Source: Zillow Research
What is it like to live in Brazil?
Brazil is a community of approximately 8K residents with a median age of 40.8 years.The median household income is $49,331, which represents a working-class community with solid middle-income opportunities. 9.7% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 65.5%, reflecting strong community stability and long-term resident commitment. The average commute time is 30.9 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Brazil offers a balanced lifestyle with accessible home values relative to local income levels.
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
North Clay Middle School
Grades 6-8 · 765 students
Staunton Elementary School
Grades K-5 · 391 students
Meridian Street Elementary School
Grades PK-5 · 307 students
Forest Park Elementary School
Grades PK-5 · 284 students
Van Buren Elementary School
Grades K-5 · 269 students
Jackson Township Elementary School
Grades K-5 · 257 students
East Side Elementary School
Grades PK-5 · 215 students
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?
Want a head-to-head view? Compare Brazil side-by-side with any other U.S. city using our market-comparison tool.
Is Brazil a good real estate investment market?
For investors evaluating Brazil, the price-to-rent ratio of 15.9x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 73.5% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Brazil's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Brazil's median home price.
Frequently asked questions
What is the average home price in Brazil?
The median home sale price in Brazil is $229,900, up 73.5% from last year.
How long do homes stay on market in Brazil?
Homes typically spend 6 days on market before going under contract.
What is the median income in Brazil?
The median household income is $49,331 per year.
Is Brazil a buyer's or seller's market?
With 3.3 months of supply, Brazil is currently a seller's market.
What is the Zillow home value estimate for Brazil?
The Zillow Home Value Index (ZHVI) for Brazil is $195,788, representing the typical home value in the area.
What is the median condo price in Brazil?
The median condo/co-op sale price in Brazil, IN is $260,000, compared to $179,999 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Brazil?
The median single-family home price in Brazil, IN is $179,999 (about $114 per square foot).
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