$2,018 Closing Credit*
$169,900
2 Beds
•1 Full Bath, 1 Partial
Rebecca Demastus, Listing Office: ERA FIRST ADVANTAGE REALTY, INC
Is 47561, 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, 47561 has remained a Seller's Market.
Key Takeaway
47561 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 47561, IN
How much do homes in 47561, IN cost?
Median Sold Price
$97,500
$83/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$56,500(-36.7%)
Key Takeaway
Homes in 47561 have sold for 36.7% less than they did a month ago.
Summary: The median home sold price in 47561 was $97,500 in October 2024, down 36.7% from last month, and the median price per square foot was $83.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $154K | $97.5K | -36.7% |
| 3 Bedrooms | - | - | N/A |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: 47561 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 decreased by 36.7%, 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
| 47512 | $62.5K | $104.5K | +67.2% |
| 47561 | $154K | $97.5K | -36.7% |
Housing Supply in 47561, IN
How many homes are available in 47561, IN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
Summary: The 47561 real estate market had 4 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 1 | 1 | 0.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 47561 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 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 47561, 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 47561 in October 2024, the same as the previous 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 47561, IN
We’re sorry, we don't have information for this market at the moment
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