Housing Prices in 47848, IN

How much do homes in 47848, IN cost?

Median List Price

$39,000

$34/sqft

Based on all homes listed in the last 12 months.

Difference Since October 2023

-$53,500(-57.8%)

Key Takeaway

The list price of homes in 47848 has decreased by 57.8% since last year.

Summary: The median home list price in 47848 was $39,000 in October 2024, down 57.8% from the previous year, and the median price per square foot was $34.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$17.5K
N/A
2 -$165K
N/A
3 $56.2K$39K
-30.6%
4 $292K$235K
-19.5%
5+ --
N/A

Summary: 47848 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 30.6%, 4 bedroom homes decreased by 19.5%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Zip Codes

47441
+73.9%
47882
0.0%
47848
-57.8%

Housing Supply in 47848, IN

How many homes are available in 47848, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
57+40.0%

Summary: The 47848 real estate market had 7 homes for sale in October 2024, a 40.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 12
+100.0%
2 01
+100.0%
3 33
0.0%
4 11
0.0%
5+ 00
0.0%

Summary: The 47848 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for 47848, IN

How long does it take to sell a home in 47848, IN?

Average Listing Age

Oct 2023Oct 2024CHANGE
96 Days135 Days+41.5%

Summary: Homes in 47848 had an average listing age of 135 days in Oct 2024, up by 41.5% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in 47848, IN

Nearby Markets to 47848, IN