Is 47713, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 47713 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 47713 has remained a Seller's Market.

Key Takeaway

47713 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 47713, IN

How much do homes in 47713, IN cost?

Median Sold Price

$82,500

$62/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$32,400(-28.2%)

Key Takeaway

Homes in 47713 have sold for 28.2% less than they did a month ago.

Summary: The median home sold price in 47713 was $82,500 in October 2024, down 28.2% from last month, and the median price per square foot was $62.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $156.3K$46.5K
-70.3%
3 $108K$90K
-16.7%
4 $99.9K$190K
+90.0%
5+ $225K-
N/A

Summary: 47713 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 decreased by 70.3%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes increased by 90%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

47714
-0.6%
47711
-5.4%
47712
-6.2%
47713
-28.2%

Housing Supply in 47713, IN

How many homes are available in 47713, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4038-5.0%

Summary: The 47713 real estate market had 38 homes for sale in October 2024, a 5.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1211
-8.3%
3 1919
0.0%
4 77
0.0%
5+ 21
-50.0%

Summary: The 47713 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 decreased by 8.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
109-10.0%

Asking Price vs. Sold Price

4 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 47713, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in 47713 in October 2024, down by 10.0% month-over-month. Of the 8 sold homes, 50% were sold under asking, 38% were sold at asking, and 13% were sold over asking.

Days on Market for 47713, 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 47713, IN

Nearby Markets to 47713, IN