If you are deciding on price and timing, the current supply level gives you a clear starting point.
If you are thinking about putting your home on the market, the real question is whether you can be firm on price or need to build in room to adjust. My answer is to start from the current supply level and your direct competition, because Francesville, IN is sitting in a seller's market with 3 months of supply over the previous 30 days.
That matters because limited supply usually gives a well-prepared seller more control over timing and presentation. In Francesville, IN, a typical asking price for active homes last month was $202,200, and that figure was unchanged from the prior month, which tells me sellers are not chasing the market down to get attention.
I would still stay disciplined. Over the previous 30 days, only 1 home sale was recorded while 6 active listings were on the market, so I would not treat a seller's market label as permission to overprice. With just 1 new listing reported in the last 3 months at $149,000 and 53 days on the market, the better read is that buyers may have limited choices, but they are still taking time to decide.
Price against the homes a buyer will actually compare you to. Fix the issues that make a house feel older or harder to finance before you list. Review the active competition in Francesville, IN and decide where you need to be sharper on condition, not just hopeful on price. If your goal is a clean sale, I would set expectations around patience and preparation instead of assuming quick leverage.
