Is 47432, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 47432 is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, 47432 has remained a Buyer's Market.

Key Takeaway

47432 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 47432, IN

How much do homes in 47432, IN cost?

Median Sold Price

$163,900

$162/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$36,000(-18.0%)

Key Takeaway

Homes in 47432 have sold for 18% less than they did a month ago.

Summary: The median home sold price in 47432 was $163,900 in October 2024, down 18% from last month, and the median price per square foot was $162.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $199.9K$163.9K
-18.0%
4 --
N/A
5+ --
N/A

Summary: 47432 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 decreased by 18%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

47432
-18.0%
47527
-59.4%

Housing Supply in 47432, IN

How many homes are available in 47432, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1520+33.3%

Summary: The 47432 real estate market had 20 homes for sale in October 2024, a 33.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 24
+100.0%
3 810
+25.0%
4 44
0.0%
5+ 01
+100.0%

Summary: The 47432 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 increased by 100%, 3 bedroom homes increased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 47432, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in 47432 in October 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for 47432, IN

We’re sorry, we don't have information for this market at the moment

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

Report Updated 24 Days Ago

Newest Listings in 47432, IN

Nearby Markets to 47432, IN