Photo: Chris Flook · CC BY-SA 4.0160 homes sold in Patoka Township in the last year, at a typical $183K
Redfin reports Patoka Township’s sales by ZIP code, so these figures are for ZIP 47670, which takes in Patoka Township and the area around it. Almost every sale is a house. Below: what each kind of home sells for, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Patoka Township homes are listed.
Every place Patoka Township homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Patoka Township.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 0% of Patoka Township’s sales, at a typical — (year to May 2026)
160 homes sold in the year to September 2026.
More homes sell than most years, at twice the 2016 price
160 sales in the last year, against 185 in 2022 and a low of 2 in 2012. The typical sale went from $95K in 2016 to $183K.
Source: Redfin Data Center, MLS sales; for ZIP 47670, which takes in Patoka Township and the area around it (each month is a 3-month rolling window, its counts divided by 3). Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.
Bidding wars in Patoka Township are more common than before the pandemic, but a third fewer homes come up for sale
We read every month of home sales in ZIP 47670 since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 160 sales.
If you’re buying in Patoka Township
- Shop in October. It brings about 15 new listings a month, close to the busiest month, with fewer bidding wars (19% over asking).
- Offer under asking. Buyers paid 97.6% of the list price on average; 26% paid over.
- Move fast on good ones. Half of homes are under contract within two weeks.
Fall brings the homes; summer brings the bidding wars
October has the most new listings (about 15 a month), but June is the most competitive: 26% of June sales close over asking. December has the least competition (18%).
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and hotter than Indiana
| Patoka Township now | 2017–19 | 2021 peak | IN now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 26% | 14% | 37% | 17% |
| Gone within two weeksShare of homes under contract within 14 days | 52% | 1% | 1% | 35% |
| Price paid vs. askingAverage sale price ÷ list price | 97.6% | 96% | 99.6% | 97.5% |
| Days to sellMedian days from listing to contract | 19 | 74 | 63 | 38 |
29 homes for sale on a typical day
That’s 12.1 times the 2012 low (2), 31% fewer than in 2017–19 and well under 2015’s 62.
Source: Redfin Data Center, ZIP code tracker; for ZIP 47670, which takes in Patoka Township and the area around it (each month is a 3-month rolling window, its counts divided by 3), January 2012 to September 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Patoka Township home costs about $1,072 a month
Price: Patoka Township’s typical sale, last 12 months. Property tax at Patoka Township’s 0.8% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Patoka Township is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in October
The month with the most choice. February has the fewest, about 8.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $183K home, about $1,400 a year.
Taxes vs. neighborsSchools
The schools grade for Patoka Township, from test results, graduation and how much students grow.
Schools in Patoka TownshipTypical commute
The average one-way trip to work for people who live in Patoka Township.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Princeton, Mount Carmel, Oakland City and Petersburg sell for less a square foot
The busier markets within 25 miles of Patoka Township, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Patoka Township (ZIP 47670) | 160 | $183K | $132 | 26% | 19 |
| Princeton | 106 | $165K | $118 | 22% | 17 |
| Melody Hill | 60 | $276K | $151 | 31% | 19 |
| Oakland City | 38 | $134K | $107 | 15% | 28 |
| Fort Branch | 37 | $205K | $147 | 26% | 19 |
| Mount Carmel | 28 | $138K | $83 | 25% | 22 |
| Petersburg | 21 | $157K | $112 | 19% | 27 |
Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Patoka Township, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Patoka Township. People who follow the town see it, and so do people comparing Patoka Township with their own town. No commission, no listing fee.
Questions about buying a home in Patoka Township
What do homes sell for in Patoka Township, IN?
160 homes sold in the year to September 2026 at a typical $183K, $132 a square foot.
Is Patoka Township a buyer’s or seller’s market?
A seller’s market: 51 homes were for sale in September 2026 and 16 sold, about 3.1 months of supply. Buyers paid 97.6% of asking on average.
When is the best time to buy in Patoka Township?
October brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Patoka Township?
About 0.8% of a home’s value a year. On a $183K home that’s near $1,400.
Where can I see homes for sale in Patoka Township?
Zillow, Redfin, Realtor.com and Homes.com all carry Patoka Township’s MLS listings; the search links above open each one filtered to Patoka Township.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; for ZIP 47670, which takes in Patoka Township and the area around it (each month is a 3-month rolling window, its counts divided by 3)). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).