Is 47665, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 47665 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 47665 was a Buyer's Market.

Key Takeaway

47665 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 47665, IN

How much do homes in 47665, IN cost?

Median Sold Price

$189,000

$144/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$24,100(+14.6%)

Key Takeaway

Homes in 47665 have sold for 14.6% more than they did a month ago.

Summary: The median home sold price in 47665 was $189,000 in October 2024, up 14.6% from last month, and the median price per square foot was $144.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$262K
N/A
3 $164.9K$129.1K
-21.7%
4 -$280K
N/A
5+ --
N/A

Summary: 47665 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 21.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

47670
+64.4%
47665
+14.6%

Housing Supply in 47665, IN

How many homes are available in 47665, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1113+18.2%

Summary: The 47665 real estate market had 13 homes for sale in October 2024, a 18.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 11
0.0%
3 78
+14.3%
4 23
+50.0%
5+ 00
0.0%

Summary: The 47665 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 14.3%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
17+600.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 47665, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in 47665 in October 2024, up by 600.0% month-over-month. Of the 7 sold homes, 43% were sold under asking, 43% were sold at asking, and 14% were sold over asking.

Days on Market for 47665, 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 4 Days Ago

Newest Listings in 47665, IN

Nearby Markets to 47665, IN