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 4 Days Ago

Newest Listings in 47848, IN

Nearby Markets to 47848, IN