$1,354 Closing Credit*
$114,000
1 Bed
•1 Bath
William Daily, Listing Office: Midwest Land & Lifestyle LLC
Housing Prices in 47118, IN
How much do homes in 47118, IN cost?
Median List Price
$298,900
$228/sqft
Based on all homes listed in October 2024.
Difference Since Last Month
+$49,950(+20.1%)
Key Takeaway
The list price of homes in 47118 has increased by 20.1% since September.
Summary: The median home list price in 47118 was $298,900 in October 2024, up 20.1% from the previous month, and the median price per square foot was $228.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $114K | $114K | 0.0% |
| 2 Bedrooms | $199K | $199K | 0.0% |
| 3 Bedrooms | $234.4K | $309K | +31.8% |
| 4 Bedrooms | $398.9K | $398.9K | 0.0% |
| 5+ Bedrooms | - | - | N/A |
Summary: 47118 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 31.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Zip Codes
| 47118 | $248.9K | $298.9K | +20.1% |
| 47116 | $354.5K | $354.5K | 0.0% |
Housing Supply in 47118, IN
How many homes are available in 47118, IN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 5 | -16.7% |
Summary: The 47118 real estate market had 5 homes for sale in October 2024, a 16.7% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 2 | 1 | -50.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 47118 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Days on Market for 47118, IN
How long does it take to sell a home in 47118, IN?
Average Listing Age
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 61 Days | 78 Days | +28.9% |
Summary: Homes in 47118 had an average listing age of 78 days in Oct 2024, up by 28.9% compared to the previous month.
The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2011-2024 Indiana Regional MLS. All rights reserved.