Is 47336, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 47336 is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, 47336 was a Seller's Market.

Key Takeaway

47336 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 47336, IN

How much do homes in 47336, IN cost?

Median Sold Price

$35,000

$41/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$116,450(-76.9%)

Key Takeaway

Homes in 47336 have sold for 76.9% less than they did a month ago.

Summary: The median home sold price in 47336 was $35,000 in November 2024, down 76.9% from last month, and the median price per square foot was $41.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $123K$35K
-71.5%
3 $35K$112.5K
+221.4%
4 $179.9K-
N/A
5+ --
N/A

Summary: 47336 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 71.5%, 3 bedroom homes increased by 221.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

47320
+153.7%
47369
+91.2%
47336
-76.9%

Housing Supply in 47336, IN

How many homes are available in 47336, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2022+10.0%

Summary: The 47336 real estate market had 22 homes for sale in November 2024, a 10.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 58
+60.0%
3 910
+11.1%
4 53
-40.0%
5+ 00
0.0%

Summary: The 47336 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 60%, 3 bedroom homes increased by 11.1%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 47336, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in 47336 in November 2024, down by 25.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.

Days on Market for 47336, IN

How long does it take to sell a home in 47336, IN?

Average Sale Time

Oct 2024Nov 2024CHANGE
52 Days5 Days-90.4%

Summary: Homes in 47336 had an average of 5 days on market in Nov 2024, down by 90.4% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 47336 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 3 homes were sold in 47336; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in 47336, IN

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