Is 47532, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 47532 is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, 47532 was a Seller's Market.

Key Takeaway

47532 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 47532, IN

How much do homes in 47532, IN cost?

Median Sold Price

$242,000

$82/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$42,450(-14.9%)

Key Takeaway

Homes in 47532 have sold for 14.9% less than they did a month ago.

Summary: The median home sold price in 47532 was $242,000 in October 2024, down 14.9% from last month, and the median price per square foot was $82.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $284.4K-
N/A
4 -$242K
N/A
5+ --
N/A

Summary: 47532 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

47579
-6.2%
47532
-14.9%

Housing Supply in 47532, IN

How many homes are available in 47532, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
10100.0%

Summary: The 47532 real estate market had 10 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 44
0.0%
4 55
0.0%
5+ 11
0.0%

Summary: The 47532 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 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
21-50.0%

Asking Price vs. Sold Price

1 Home Was 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 47532, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in 47532 in October 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 47532, 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 47532, IN

Nearby Markets to 47532, IN