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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 47567 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 47567 was a Buyer's Market.

Key Takeaway

47567 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 47567, IN

How much do homes in 47567, IN cost?

Median Sold Price

$145,000

$100/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$35,000(-19.4%)

Key Takeaway

Homes in 47567 have sold for 19.4% less than they did a month ago.

Summary: The median home sold price in 47567 was $145,000 in November 2024, down 19.4% from last month, and the median price per square foot was $100.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 -$91K
N/A
3 $180K$162.2K
-9.9%
4 -$39K
N/A
5+ --
N/A

Summary: 47567 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 decreased by 9.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

47598
+346.7%
47567
-19.4%

Housing Supply in 47567, IN

How many homes are available in 47567, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1316+23.1%

Summary: The 47567 real estate market had 16 homes for sale in November 2024, a 23.1% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 911
+22.2%
4 22
0.0%
5+ 00
0.0%

Summary: The 47567 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 22.2%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
16+500.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 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. 60% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in 47567 in November 2024, up by 500.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% 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 21 Days Ago

Newest Listings in 47567, IN

Nearby Markets to 47567, IN