Is 47567, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 47567 is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, 47567 was a Seller's Market.

Key Takeaway

47567 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 47567, IN

How much do homes in 47567, IN cost?

Median Sold Price

$180,000

$114/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$18,750(-9.4%)

Key Takeaway

Homes in 47567 have sold for 9.4% less than they did a month ago.

Summary: The median home sold price in 47567 was $180,000 in October 2024, down 9.4% from last month, and the median price per square foot was $114.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 -$180K
N/A
4 $198.7K-
N/A
5+ --
N/A

Summary: 47567 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

47567
-9.4%
47557
-67.4%
47598
-75.0%

Housing Supply in 47567, IN

How many homes are available in 47567, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1112+9.1%

Summary: The 47567 real estate market had 12 homes for sale in October 2024, a 9.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 810
+25.0%
4 31
-66.7%
5+ 00
0.0%

Summary: The 47567 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 increased by 100%, 3 bedroom homes increased by 25%, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
220.0%

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 47567, 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 47567 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 47567, 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 47567, IN

Nearby Markets to 47567, IN