Is 47579, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 47579 is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, 47579 was a Seller's Market.

Key Takeaway

47579 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 47579, IN

How much do homes in 47579, IN cost?

Median Sold Price

$250,750

$136/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$16,700(-6.2%)

Key Takeaway

Homes in 47579 have sold for 6.2% less than they did a month ago.

Summary: The median home sold price in 47579 was $250,750 in October 2024, down 6.2% from last month, and the median price per square foot was $136.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $267.4K$250.7K
-6.2%
4 --
N/A
5+ --
N/A

Summary: 47579 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 decreased by 6.2%, 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 47579, IN

How many homes are available in 47579, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1012+20.0%

Summary: The 47579 real estate market had 12 homes for sale in October 2024, a 20.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 810
+25.0%
4 11
0.0%
5+ 00
0.0%

Summary: The 47579 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 increased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

2 Homes Were 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 47579, 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 47579 in October 2024, down by 50.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 47579, 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 47579, IN

Nearby Markets to 47579, IN