Housing Prices in 47885, IN

How much do homes in 47885, IN cost?

Median List Price

$119,950

$73/sqft

Based on all homes listed in the last 12 months.

Difference Since November 2023

+$27,550(+29.8%)

Key Takeaway

The list price of homes in 47885 has increased by 29.8% since last year.

Summary: The median home list price in 47885 was $119,950 in November 2024, up 29.8% from the previous year, and the median price per square foot was $73.

Median List Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $58.9K$69.9K
+18.7%
2 $64.9K$54.9K
-15.4%
3 $165K$129.9K
-21.3%
4 $39.3K$187.4K
+376.4%
5+ -$234.9K
N/A

Summary: 47885 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 18.7%, 2 bedroom homes decreased by 15.4%, 3 bedroom homes decreased by 21.3%, 4 bedroom homes increased by 376.4%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Zip Codes

47807
+47.8%
47885
+29.8%
47804
+15.5%

Housing Supply in 47885, IN

How many homes are available in 47885, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
107-30.0%

Summary: The 47885 real estate market had 7 homes for sale in November 2024, a 30.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 20
-100.0%
3 43
-25.0%
4 23
+50.0%
5+ 21
-50.0%

Summary: The 47885 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 25%, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 50%.

Days on Market for 47885, IN

How long does it take to sell a home in 47885, IN?

Average Listing Age

Nov 2023Nov 2024CHANGE
219 Days330 Days+50.7%

Summary: Homes in 47885 had an average listing age of 330 days in Nov 2024, up by 50.7% compared to the previous year.

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

Report Updated 17 Days Ago

Newest Listings in 47885, IN

Nearby Markets to 47885, IN