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Southern Indiana · ZIP 47111

Charlestown, Indiana home prices and market data

Rose Island, the former amusement park inside Charlestown State Park, Indiana
Rose Island, Charlestown State Park. Photo by ken ratcliff, CC BY 2.0, cropped.

What are homes selling for in Charlestown?

The median sale price in Charlestown is $319,900, +18.5% year over year.

Median sale price
$319,900

Source: SIRA MLS, closed Residential/Farm, trailing 12 months

Year-over-year change
+18.5%

Source: SIRA MLS, closed Residential/Farm, trailing 12 months

Average days to contract
47 days

Source: SIRA MLS, closed Residential/Farm, trailing 12 months

Months of inventory
4.05

Source: SIRA MLS, closed Residential/Farm, trailing 12 months

Sold-to-list price
101.3%

Source: SIRA MLS, closed Residential/Farm, trailing 12 months

Active listings
146

Source: SIRA MLS, closed Residential/Farm, trailing 12 months

Homes sold, last 12 months
433

Source: SIRA MLS, closed Residential/Farm, trailing 12 months

Charlestown's year-over-year figure reflects a change in what is selling, not appreciation on existing homes. Most of its higher-priced sales are new construction, which is also why homes here close slightly above list price — buyer-selected upgrades are added after the contract is written.

Live listings below are the Charlestown homes GLAR carries; most Indiana homes list in the Southern Indiana MLS. Treat them as a sample, not the market. Call or text 859.684.9995 for the rest.

What is for sale in Charlestown right now?

See all homes for sale in 47111

Who lives in Charlestown?

Charlestown has a population of 17,738, a median age of 37.1, and a median household income of $95,376.

Population
17,738
Median age
37.1
Median household income
$95,376

Source: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates, ZIP Code Tabulation Area.

How long does it take to sell a home in Charlestown?

Homes in Charlestown go under contract in an average of 47 days. Going under contract is only half the timeline; figure roughly 11 weeks in Charlestown from listing to keys.

That is an average, so a handful of homes that sat for months pulls it upward. Most homes in Charlestown go under contract faster than that figure suggests.

Across every price range on both sides of the river, closing takes about another month after the contract is signed — that interval is set by lender underwriting and title work, not by the neighborhood.

Are sellers getting their asking price in Charlestown?

Homes in Charlestown sell at 101.3% of list price.

Should I sell my home in Charlestown now?

Yes — conditions in Charlestown currently favor sellers. Homes in Charlestown are selling at 101.3% of list price in an average of 47 days, with 4.05 months of inventory — under the six-month line that separates a seller's market from a buyer's. Call 859.684.9995 and Alexandria will price your home against what has actually closed nearby, not a website estimate.

Is now a good time to buy in Charlestown?

Charlestown is close to balanced right now, with neither side holding much leverage. Charlestown has 4.05 months of inventory, with 146 active listings and 433 homes sold in the last twelve months.

Call 859.684.9995 and Alexandria will walk through what those numbers mean for your specific price range and timeline.

Where exactly is Charlestown?

Charlestown is in northeastern Clark County, Indiana, next to the River Ridge Commerce Center. ZIP 47111 covers the town and a wide band of surrounding Clark County.

Charlestown is in northeastern Clark County, beside the River Ridge Commerce Center — the redevelopment of the shuttered Indiana Army Ammunition Plant, which is also what swelled the town's population from 900 to more than 13,000 during the war years. Charlestown State Park sits a mile east of town on the Ohio River, on land that was part of the same plant before it was handed to the state. ZIP 47111 covers the town and a wide band of surrounding Clark County, so a Charlestown address is not necessarily a Charlestown town address.

What is Charlestown actually like?

Charlestown's median is $319,900, up 18.5% — the biggest jump of any market on this site, and the number that needs the most explaining. That figure reflects a change in what is selling, not appreciation on existing homes. Most of the higher-priced sales here are new construction going up around the River Ridge corridor.

It is also one of only two markets on this site where homes close above asking on average: 101.3%. That is not a bidding war. On a new build, buyer-selected upgrades get added after the contract is written, so the closed price lands above the contract price. Charlestown also takes the longest to go under contract of any Indiana town at an average 47 days, with 4.05 months of inventory — slow and over asking at the same time, which only makes sense once you know what is being built.

What schools serve Charlestown?

Charlestown is served primarily by Greater Clark County Schools. Some addresses in the western part of the 47111 ZIP are served by the Borden-Henryville School Corporation instead. Check the address before you assume. Indiana school assignment is set by the district and should be confirmed with the district directly before it is relied on for a purchase decision.

Want listings in Charlestown before they hit the public sites?

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About this listing data

Greater Louisville Association of REALTORS® MLS

Listing information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed.

Data last updated .

Listings are shown courtesy of the listing brokerage named on each listing. Alexandria Grayson is a REALTOR® with RE/MAX Five Star Properties.