$830 Closing Credit*
$69,900
Studio
Kegan Inman, Listing Office: Hunley Real Estate, Inc.
Is 47848, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 47848 has remained a Seller's Market.
Key Takeaway
47848 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 47848, IN
How much do homes in 47848, IN cost?
Median Sold Price
$165,000
$119/sqft
Based on all homes sold in December 2024.
Difference Since Last Month
+$147,000(+816.7%)
Key Takeaway
Homes in 47848 have sold for 816.7% more than they did a month ago.
Summary: The median home sold price in 47848 was $165,000 in December 2024, up 816.7% from last month, and the median price per square foot was $119.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $18K | - | N/A |
| 2 Bedrooms | - | $165K | N/A |
| 3 Bedrooms | - | - | N/A |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: 47848 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
| 47848 | $18K | $165K | +816.7% |
| 47441 | $265K | $109K | -58.9% |
Housing Supply in 47848, IN
How many homes are available in 47848, IN?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Summary: The 47848 real estate market had 2 homes for sale in December 2024, a 33.3% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 0 | 0 | 0.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 47848 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 47848, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in 47848 in December 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for 47848, IN
We’re sorry, we don't have information for this market at the moment
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