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Featured local agent — Bright, IN
Sarah Mitchell
Compass Real Estate · Bright, IN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Bright, IN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$331,950median sale price
How is the Bright, IN housing market right now?
The median home sale price in Bright, IN is $331,950, up 2.5% year-over-year. Homes sell in an average of 4 days with 3 active listings. The market is currently a strong 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 Bright a buyer's or seller's market?
Bright, IN is currently a strong seller's market, based on 0.8 months of supply and homes selling in about 4 days. How we determine this →
Homes sold
4
Last 12 weeks
Days on market
4
Fast-moving
Active listings
3
0.8 months supply
Sale-to-list
102.8%
Above asking
What does the Bright housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $331,950 |
| Median list price | $325,000 |
| Year-over-year price change | +2.5% |
| Average days on market | 4 days |
| Active inventory | 3 listings |
| Months of supply | 0.8 months |
| Sale-to-list price ratio | 102.8% |
| Median price per sq ft | $191/sq ft |
| Homes sold (latest month) | 4 |
| New listings (latest month) | 3 |
| Listings with a price cut | 33.3% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Bright by property type?
How the Bright, 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 | $331,950 | $191/sq ft | 4 | 4 days |
| Condo / Co-op | $256,250 | $147/sq ft | 2 | 29 days |
Source: Redfin · Updated monthly
The Bright housing market is currently classified as a strong seller's market with a median sale price of $331,950. Prices have risen 2.5% compared to last year, with homes spending an average of 4 days on market, indicating 0.8 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 3.3x provides context for how home values compare to local earning capacity.
Homes for sale in Bright
There are currently 3 homes listed for sale in Bright, Indiana. The median listing price is $325K.
Active listings
3
Homes on market
Median list price
$325K
Avg. days on market
4
Days until sale
New this week
3
Newly listed
Who lives in Bright?
Population
5,735
Median income
$111,140/yr
Median age
41.5 years
Owner-occupied
90.4%
College grads
30.8%
Avg commute
32.9 min
Source: U.S. Census Bureau ACS
What are homes worth in Bright?
Zillow home value
$368,660
Price-to-income
3.3x
Source: Zillow Research
What is it like to live in Bright?
Bright is a community of approximately 6K residents with a median age of 41.5 years.The median household income is $111,140, which reflects a relatively affluent area with strong earning potential. 30.8% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 90.4%, reflecting strong community stability and long-term resident commitment. The average commute time is 32.9 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Bright offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Bright, IN?
Want a head-to-head view? Compare Bright side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Bright?
The median home sale price in Bright is $331,950, up 2.5% from last year.
How long do homes stay on market in Bright?
Homes typically spend 4 days on market before going under contract.
What is the median income in Bright?
The median household income is $111,140 per year.
Is Bright a buyer's or seller's market?
With 0.8 months of supply, Bright is currently a strong seller's market.
What is the Zillow home value estimate for Bright?
The Zillow Home Value Index (ZHVI) for Bright is $368,660, representing the typical home value in the area.
What is the median condo price in Bright?
The median condo/co-op sale price in Bright, IN is $256,250, compared to $331,950 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Bright?
The median single-family home price in Bright, IN is $331,950 (about $191 per square foot).
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