$772 Closing Credit*
$65,000
2 Beds
•1 Full Bath
Elliott Sturgeon, Listing Office: RE/MAX Mainstream
Is 47512, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 47512 has remained a Seller's Market.
Key Takeaway
47512 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 47512, IN
How much do homes in 47512, IN cost?
Median Sold Price
$150,000
$116/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$45,500(+43.5%)
Key Takeaway
Homes in 47512 have sold for 43.5% more than they did a month ago.
Summary: The median home sold price in 47512 was $150,000 in November 2024, up 43.5% from last month, and the median price per square foot was $116.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $38K | - | N/A |
| 2 Bedrooms | $145K | $136.2K | -6.1% |
| 3 Bedrooms | $104.5K | $150K | +43.5% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: 47512 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 6.1%, 3 bedroom homes increased by 43.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in 47512, IN
How many homes are available in 47512, IN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 20 | 18 | -10.0% |
Summary: The 47512 real estate market had 18 homes for sale in November 2024, a 10.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 11 | 10 | -9.1% |
| 3 Bedrooms | 6 | 6 | 0.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 47512 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 9.1%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 5 | +25.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 47512, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in 47512 in November 2024, up by 25.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 47512, IN
We’re sorry, we don't have information for this market at the moment
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.