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Featured local agent — Thorntown, IN
Sarah Mitchell
Compass Real Estate · Thorntown, IN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Thorntown, IN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$286,250median sale price
How is the Thorntown, IN housing market right now?
The median home sale price in Thorntown, IN is $286,250, up 28.1% year-over-year. Homes sell in an average of 7 days with 2 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 Thorntown a buyer's or seller's market?
Thorntown, IN is currently a strong seller's market, based on 0.5 months of supply and homes selling in about 7 days. How we determine this →
Homes sold
4
Last 12 weeks
Days on market
7
Fast-moving
Active listings
2
0.5 months supply
Sale-to-list
98.8%
Below asking
What does the Thorntown housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $286,250 |
| Median list price | $359,995 |
| Year-over-year price change | +28.1% |
| Average days on market | 7 days |
| Active inventory | 2 listings |
| Months of supply | 0.5 months |
| Sale-to-list price ratio | 98.8% |
| Median price per sq ft | $112/sq ft |
| Homes sold (latest month) | 4 |
| New listings (latest month) | 3 |
| Listings with a price cut | 50.0% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Thorntown by property type?
How the Thorntown, 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 | $286,250 | $112/sq ft | 4 | 7 days |
Source: Redfin · Updated monthly
The Thorntown housing market is currently classified as a strong seller's market with a median sale price of $286,250. Prices have risen 28.1% compared to last year, with homes spending an average of 7 days on market, indicating 0.5 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 4.9x provides context for how home values compare to local earning capacity.
Homes for sale in Thorntown
There are currently 2 homes listed for sale in Thorntown, Indiana. The median listing price is $360K.
Active listings
2
Homes on market
Median list price
$360K
Avg. days on market
7
Days until sale
New this week
3
Newly listed
Who lives in Thorntown?
Population
1,155
Median income
$69,875/yr
Median age
34.9 years
Owner-occupied
69.7%
College grads
17.9%
Avg commute
26.8 min
Source: U.S. Census Bureau ACS
What are homes worth in Thorntown?
Zillow home value
$339,792
Price-to-income
4.9x
Source: Zillow Research
What is it like to live in Thorntown?
Thorntown is a community of approximately 1K residents with a median age of 34.9 years.The median household income is $69,875, which represents a working-class community with solid middle-income opportunities. 17.9% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 69.7%, reflecting strong community stability and long-term resident commitment. The average commute time is 26.8 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Thorntown offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Thorntown?
2 schools tracked · 1,219 students
The largest public schools serving Thorntown, 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.
Western Boone Jr-Sr High School
Grades 7-12 · 774 students
Thorntown Elementary School
Grades PK-6 · 445 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 Thorntown, IN?
Want a head-to-head view? Compare Thorntown side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Thorntown?
The median home sale price in Thorntown is $286,250, up 28.1% from last year.
How long do homes stay on market in Thorntown?
Homes typically spend 7 days on market before going under contract.
What is the median income in Thorntown?
The median household income is $69,875 per year.
Is Thorntown a buyer's or seller's market?
With 0.5 months of supply, Thorntown is currently a strong seller's market.
What is the Zillow home value estimate for Thorntown?
The Zillow Home Value Index (ZHVI) for Thorntown is $339,792, representing the typical home value in the area.
How much does a single-family home cost in Thorntown?
The median single-family home price in Thorntown, IN is $286,250 (about $112 per square foot).
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