Redkey, IN Home Values & Market Trends

Real estate market trends reflect that there have been 8 transactions over the past year in Redkey. The median value for residential home transactions that occurred over the previous year is $159,900. The number of current listings in Redkey is 11, and the percentage of properties for sale in the city is 11.00%. Redkey, IN currently has 2 properties in foreclosure, 1 bank owned properties, 1 properties headed for auction, and 11 properties for sale.

Redkey, IN Real Estate Market Overview

ZipMedian Est. Value
47373

$ 159,900

$ 72/sqft

Housing Market Summary for Redkey, IN

Oct 2025October 2026Change
Median Listing Price$319.9K$192.4K-39.84%
Median Sold Price$355.8K$120.3K-66.19%
Homes For Sale81137.50%
Homes Sold110900.00%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Redkey, IN

Redkey home values range from $25,036 to $302,810. The median estimated value of a home in Redkey is $159,900. The median list price of a home is 192,450, and the total count of properties in the city is 25.

Foreclosure
There is 1 zips within Redkey, IN; within this zips, the median estimated home value for homes in foreclosure ranges from $254,045 in 47373 to the lowest value of $180,000 in 47373. Foreclosure homes account for 8.00% of properties in Redkey, IN with 47373 containing 2 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Redkey, IN with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Redkey, IN; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Redkey, IN ranges from the highest value of $254,045 in 47373 to the lowest value of $254,045 in 47373. Bank owned homes and properties account for 4.00% of properties in Redkey, IN. There is 1 zips within Redkey, IN; 47373 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    47373 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Redkey, IN. Auction homes and other auction properties account for 4.00% of all properties in Redkey, IN. There is 1 zips within Redkey, IN; of that zips, the median estimated home value for homes going to auction ranges from $180,000 in 47373 to the lowest value of $180,000 in 47373.
Homes for Sale
Homes and properties that are actively listed for sale account for 44.00% of residential properties in Redkey, IN with 47373 containing 11 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Redkey, IN; homes for sale in that zips, have a range of median values from $295,465 in 47373 to the lowest value of $44,000 in 47373.
    Sold Homes
    The median value for recently sold homes ranges from $302,810 in 47373 to the lowest price of $25,036 in 47373. There is 1 zips within Redkey, IN. 47373 has 10 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 40.00% of properties in Redkey, IN.

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      Guide for Redkey, IN

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.