Is 47441, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 47441 is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, 47441 was a Seller's Market.

Key Takeaway

47441 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 47441, IN

How much do homes in 47441, IN cost?

Median Sold Price

$150,000

$151/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$14,900(-9.0%)

Key Takeaway

Homes in 47441 have sold for 9% less than they did a month ago.

Summary: The median home sold price in 47441 was $150,000 in October 2024, down 9% from last month, and the median price per square foot was $151.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 $70K-
N/A
2 $95K$150K
+57.9%
3 $166.4K-
N/A
4 $215K-
N/A
5+ --
N/A

Summary: 47441 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 increased by 57.9%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

47441
-9.0%
47438
-86.8%

Housing Supply in 47441, IN

How many homes are available in 47441, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
24240.0%

Summary: The 47441 real estate market had 24 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 89
+12.5%
3 98
-11.1%
4 55
0.0%
5+ 11
0.0%

Summary: The 47441 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 12.5%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
71-85.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 47441, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in 47441 in October 2024, down by 85.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for 47441, 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 4 Days Ago

Newest Listings in 47441, IN

Nearby Markets to 47441, IN