Is 47546, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 47546 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 47546 has remained a Seller's Market.

Key Takeaway

47546 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 47546, IN

How much do homes in 47546, IN cost?

Median Sold Price

$254,000

$106/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$29,000(+12.9%)

Key Takeaway

Homes in 47546 have sold for 12.9% more than they did a month ago.

Summary: The median home sold price in 47546 was $254,000 in November 2024, up 12.9% from last month, and the median price per square foot was $106.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $209.8K-
N/A
3 $225K$320K
+42.2%
4 $305K$154.5K
-49.3%
5+ $620K$577K
-6.9%

Summary: 47546 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 did not change, 3 bedroom homes increased by 42.2%, 4 bedroom homes decreased by 49.3%, and 5+ bedroom homes decreased by 6.9%.

Median Sold Price Compared To Nearby Zip Codes

47542
+30.9%
47546
+12.9%

Housing Supply in 47546, IN

How many homes are available in 47546, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
78780.0%

Summary: The 47546 real estate market had 78 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 01
+100.0%
2 44
0.0%
3 4949
0.0%
4 1616
0.0%
5+ 98
-11.1%

Summary: The 47546 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 11.1%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2119-9.5%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 47546, you may be able to get a good deal. 76.5% of homes here sold below asking price last month.

Summary: A total of 19 homes were sold or pending in 47546 in November 2024, down by 9.5% month-over-month. Of the 17 sold homes, 76% were sold under asking, 12% were sold at asking, and 12% were sold over asking.

Days on Market for 47546, 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 22 Days Ago

Newest Listings in 47546, IN

Nearby Markets to 47546, IN