Is 47613, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 47613 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 47613 has remained a Seller's Market.

Key Takeaway

47613 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 47613, IN

How much do homes in 47613, IN cost?

Median Sold Price

$227,000

$178/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

+$40,000(+21.4%)

Key Takeaway

Homes in 47613 have sold for 21.4% more than they did a month ago.

Summary: The median home sold price in 47613 was $227,000 in December 2024, up 21.4% from last month, and the median price per square foot was $178.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 -$275K
N/A
3 $187K-
N/A
4 -$179K
N/A
5+ --
N/A

Summary: 47613 housing prices by bedroom type for December 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

47619
+126.6%
47613
+21.4%
47725
+8.6%
47610
-16.0%

Housing Supply in 47613, IN

How many homes are available in 47613, IN?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
43-25.0%

Summary: The 47613 real estate market had 3 homes for sale in December 2024, a 25.0% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 11
0.0%
3 21
-50.0%
4 11
0.0%
5+ 00
0.0%

Summary: The 47613 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 47613, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in 47613 in December 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for 47613, 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 10 Days Ago

Newest Listings in 47613, IN

Nearby Markets to 47613, IN