$2,672 Closing Credit*
$225,000
4 Beds
•1 Full Bath, 1 Partial
Spencer Childers, Listing Office: Keller Williams Lafayette
Is 47904, 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, 47904 has remained a Seller's Market.
Key Takeaway
47904 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 47904, IN
How much do homes in 47904, IN cost?
Median Sold Price
$165,000
$160/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$21,500(-11.5%)
Key Takeaway
Homes in 47904 have sold for 11.5% less than they did a month ago.
Summary: The median home sold price in 47904 was $165,000 in October 2024, down 11.5% from last month, and the median price per square foot was $160.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $122.5K | $155K | +26.5% |
| 3 Bedrooms | $199K | $182.5K | -8.3% |
| 4 Bedrooms | $290K | $151K | -47.9% |
| 5+ Bedrooms | - | - | N/A |
Summary: 47904 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 increased by 26.5%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes decreased by 47.9%, and 5+ bedroom homes did not change.
Housing Supply in 47904, IN
How many homes are available in 47904, IN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 35 | 48 | +37.1% |
Summary: The 47904 real estate market had 48 homes for sale in October 2024, a 37.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 2 | +100.0% |
| 2 Bedrooms | 10 | 14 | +40.0% |
| 3 Bedrooms | 18 | 21 | +16.7% |
| 4 Bedrooms | 7 | 8 | +14.3% |
| 5+ Bedrooms | 0 | 3 | +100.0% |
Summary: The 47904 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 40%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 15 | +50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 47904, expect to pay close to the asking price. 46.7% of homes here sold near the asking price last month.
Summary: A total of 15 homes were sold or pending in 47904 in October 2024, up by 50.0% month-over-month. Of the 15 sold homes, 13% were sold under asking, 47% were sold at asking, and 40% were sold over asking.
Days on Market for 47904, IN
We’re sorry, we don't have information for this market at the moment
The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2011-2024 Indiana Regional MLS. All rights reserved.