Is 47660, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 47660 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 47660 has remained a Seller's Market.

Key Takeaway

47660 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 47660, IN

How much do homes in 47660, IN cost?

Median Sold Price

$105,880

$91/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$15,980(+17.8%)

Key Takeaway

Homes in 47660 have sold for 17.8% more than they did a month ago.

Summary: The median home sold price in 47660 was $105,880 in October 2024, up 17.8% from last month, and the median price per square foot was $91.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 $89.9K$10K
-88.9%
2 $87.5K$107K
+22.4%
3 $188K-
N/A
4 --
N/A
5+ $67.3K-
N/A

Summary: 47660 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 88.9%, 2 bedroom homes increased by 22.4%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 47660, IN

How many homes are available in 47660, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2321-8.7%

Summary: The 47660 real estate market had 21 homes for sale in October 2024, a 8.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 32
-33.3%
2 87
-12.5%
3 78
+14.3%
4 44
0.0%
5+ 10
-100.0%

Summary: The 47660 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 12.5%, 3 bedroom homes increased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
550.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 47660, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in 47660 in October 2024, the same as the previous month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for 47660, 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 23 Days Ago

Newest Listings in 47660, IN

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