Is 47525, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 47525 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 47525 has remained a Seller's Market.

Key Takeaway

47525 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 47525, IN

How much do homes in 47525, IN cost?

Median Sold Price

$232,675

$126/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$73,675(+46.3%)

Key Takeaway

Homes in 47525 have sold for 46.3% more than they did a month ago.

Summary: The median home sold price in 47525 was $232,675 in October 2024, up 46.3% from last month, and the median price per square foot was $126.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 $159K-
N/A
2 -$240K
N/A
3 -$225.3K
N/A
4 --
N/A
5+ --
N/A

Summary: 47525 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

47520
+108.3%
47525
+46.3%

Housing Supply in 47525, IN

How many homes are available in 47525, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
43-25.0%

Summary: The 47525 real estate market had 3 homes for sale in October 2024, a 25.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 10
-100.0%
2 11
0.0%
3 22
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The 47525 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 47525, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 47525 in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 47525, 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 17 Days Ago

Newest Listings in 47525, IN

Nearby Markets to 47525, IN