Photo: Gage Skidmore · CC BY-SA 3.053 homes sold in Sullivan in the last year, at a typical $157K
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 Sullivan homes are listed.
Every place Sullivan 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 Sullivan.
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 100% of Sullivan’s sales, at a typical $157K
53 homes sold in the year to May 2026.
typical sale · 53 sold in 12 months
- Per square foot
- $118IN $148
- Days to sell
- 97
- Sold over asking
- 9%
- Listings with a price cut
- 26%
More homes sell than most years, at 2.4 times the 2018 price
53 sales in the last year, against 63 in 2021 and a low of 28 in 2018. The typical sale went from $65K in 2018 to $157K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $150K buys in Sullivan
Check a listing against what Sullivan 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 Sullivan are back to pre-pandemic levels, with about as many homes for sale
We read every month of Sullivan’s home sales since 2018 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, 53 sales.
If you’re buying in Sullivan
- Shop in May. It brings about 6 new listings a month, close to the busiest month, with fewer bidding wars (10% over asking).
- Offer under asking. Buyers paid 92.6% of the list price on average; 9% paid over.
- You’ll usually have time. Only 28% of homes go under contract within two weeks; the typical one takes 97 days.
Fall brings both the most homes and the most bidding wars
October has the most new listings (about 7 a month), but September is the most competitive: 27% of September sales close over asking. May offers nearly as much choice with fewer homes bid up (10%). January has the least competition (0%) but only about 3 new listings.
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and calmer than Indiana
| Sullivan now | 2017–19 | 2021 peak | IN now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 9% | 12% | 21% | 19% |
| Gone within two weeksShare of homes under contract within 14 days | 28% | 0% | 0% | 37% |
| Listings with a price cutShare of homes for sale that cut their price | 26% | — | — | 33% |
| Price paid vs. askingAverage sale price ÷ list price | 92.6% | 92.5% | 96.5% | 97.7% |
| Days to sellMedian days from listing to contract | 97 | 135 | 78 | 35 |
22 homes for sale on a typical day
That’s about the 2017–19 level.
Source: Redfin Data Center, city market tracker, January 2018 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Sullivan home costs about $907 a month
Price: Sullivan’s typical sale, last 12 months. Property tax at Sullivan’s 0.7% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Sullivan is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in October
The month with the most choice. December 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 $157K home, about $1,050 a year.
Taxes vs. neighborsSchools
The schools grade for Sullivan, from test results, graduation and how much students grow.
Schools in SullivanTypical commute
The average one-way trip to work for people who live in Sullivan.
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.
Post your home to Sullivan, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Sullivan. People who follow the town see it, and so do people comparing Sullivan with their own town. No commission, no listing fee.
Questions about buying a home in Sullivan
What do homes sell for in Sullivan, IN?
53 homes sold in the year to May 2026 at a typical $157K, $118 a square foot.
Is Sullivan a buyer’s or seller’s market?
A seller’s market: 16 homes were for sale in May 2026 and 15 sold, about 1.1 months of supply. Buyers paid 92.6% of asking on average, and 26% of listings cut their price.
When is the best time to buy in Sullivan?
October brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Sullivan?
About 0.7% of a home’s value a year. On a $157K home that’s near $1,050.
Where can I see homes for sale in Sullivan?
Zillow, Redfin, Realtor.com and Homes.com all carry Sullivan’s MLS listings; the search links above open each one filtered to Sullivan.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). 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).