Laughery Creek Bridge · Photo: Jack Boucher · Public domain44 homes sold in Randolph Township in the last year, at a typical $203K
Redfin reports Randolph Township’s sales by ZIP code, so these figures are for ZIP 47040, which takes in Randolph Township and the area around it. Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Randolph Township homes are listed.
Every place Randolph 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 Randolph 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 95% of Randolph Township’s sales, at a typical $196K
44 homes sold in the year to May 2026.
typical sale · 42 sold in 12 months
- Per square foot
- $123IN $148
- Days to sell
- 24
- Sold over asking
- 14%
Condos: 1 sold, typical $283K
Too few sales in 12 months for reliable figures.
About as many homes sell as usual, at twice the 2016 price
44 sales in the last year, against 66 in 2021 and a low of 13 in 2013. The typical sale went from $101K in 2016 to $203K.
Source: Redfin Data Center, MLS sales; for ZIP 47040, which takes in Randolph 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.
What $200K buys in Randolph Township
Check a listing against what Randolph Township homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Randolph Township are back to pre-pandemic levels, but 42% fewer homes come up for sale
We read every month of home sales in ZIP 47040 since 2013 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 May 2026, 44 sales.
If you’re buying in Randolph Township
- Shop in May. It brings about 4 new listings a month, close to the busiest month, with fewer bidding wars (15% over asking).
- Offer under asking. Buyers paid 96.3% of the list price on average; 14% paid over.
- You’ll usually have time. Only 34% of homes go under contract within two weeks; the typical one takes 27 days.
Summer brings the homes; winter brings the bidding wars
August has the most new listings (about 5 a month), but February is the most competitive: 21% of February sales close over asking. April and May offer nearly as much choice with fewer homes bid up (16%). May has the least competition (15%).
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and calmer than Indiana
| Randolph Township now | 2017–19 | 2021 peak | IN now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 14% | 11% | 28% | 19% |
| Gone within two weeksShare of homes under contract within 14 days | 34% | 2% | 10% | 37% |
| Listings with a price cutShare of homes for sale that cut their price | — | — | — | 33% |
| Price paid vs. askingAverage sale price ÷ list price | 96.3% | 93.7% | 97.2% | 97.7% |
| Days to sellMedian days from listing to contract | 27 | 169 | 75 | 35 |
11 homes for sale on a typical day
That’s 1.9 times the 2024 low (6), 42% fewer than in 2017–19 and well under 2014’s 43.
Source: Redfin Data Center, ZIP code tracker; for ZIP 47040, which takes in Randolph Township and the area around it (each month is a 3-month rolling window, its counts divided by 3), January 2013 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Randolph Township home costs about $1,160 a month
Price: Randolph Township’s typical sale, last 12 months. Property tax at Randolph Township’s 0.6% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Randolph Township is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in August
The month with the most choice. February has the fewest, about 2.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $203K home, about $1,220 a year.
Taxes vs. neighborsSchools
The schools grade for Randolph Township, from test results, graduation and how much students grow.
Schools in Randolph TownshipTypical commute
The average one-way trip to work for people who live in Randolph 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.
Aurora sells for less a square foot; Burlington, Oakbrook, Union and Hebron for far more
The busier markets within 25 miles of Randolph 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 | |
|---|---|---|---|---|---|
| Burlington | 238 | $294K | $181 | 23% | 17 |
| Union | 142 | $422K | $182 | 16% | 41 |
| Oakbrook | 139 | $324K | $184 | 29% | 13 |
| Hebron | 88 | $371K | $201 | 24% | 24 |
| Lawrenceburg | 86 | $245K | $149 | 12% | 36 |
| Randolph Township (ZIP 47040) | 44 | $203K | $127 | 14% | 27 |
| Aurora | 40 | $202K | $119 | 15% | 36 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Randolph Township, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Randolph Township. People who follow the town see it, and so do people comparing Randolph Township with their own town. No commission, no listing fee.
Questions about buying a home in Randolph Township
What do homes sell for in Randolph Township, IN?
44 homes sold in the year to May 2026 at a typical $203K, $127 a square foot.
Is Randolph Township a buyer’s or seller’s market?
A seller’s market: 8 homes were for sale in May 2026 and 3 sold, about 2.2 months of supply. Buyers paid 96.3% of asking on average.
When is the best time to buy in Randolph Township?
August brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Randolph Township?
About 0.6% of a home’s value a year. On a $203K home that’s near $1,220.
Where can I see homes for sale in Randolph Township?
Zillow, Redfin, Realtor.com and Homes.com all carry Randolph Township’s MLS listings; the search links above open each one filtered to Randolph Township.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; for ZIP 47040, which takes in Randolph 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).