$2,316 Closing Credit*
$195,000
2,688 SqFt
3 Beds
•2 Full Baths
Heagen Wickens, Listing Office: Dream Home Realty Group, LLC
Is 47932, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 47932 was a Seller's Market.
Key Takeaway
47932 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 47932, IN
How much do homes in 47932, IN cost?
Median Sold Price
$235,500
$126/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$23,500(+11.1%)
Key Takeaway
Homes in 47932 have sold for 11.1% more than they did a year ago.
Summary: The median home sold price in 47932 was $235,500 in November 2024, up 11.1% from last year, and the median price per square foot was $126.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $77.5K | $75K | -3.2% |
| 2 Bedrooms | $150K | $103K | -31.3% |
| 3 Bedrooms | $227.2K | $236K | +3.9% |
| 4 Bedrooms | $254K | $284K | +11.8% |
| 5+ Bedrooms | $610K | $420K | -31.1% |
Summary: 47932 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.2%, 2 bedroom homes decreased by 31.3%, 3 bedroom homes increased by 3.9%, 4 bedroom homes increased by 11.8%, and 5+ bedroom homes decreased by 31.1%.
Median Sold Price Compared To Nearby Zip Codes
| 47987 | $140K | $178K | +27.1% |
| 47932 | $212K | $235.5K | +11.1% |
| 47952 | $143.7K | $117.5K | -18.3% |
Housing Supply in 47932, IN
How many homes are available in 47932, IN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 34 | 30 | -11.8% |
Summary: The 47932 real estate market had 30 homes for sale in November 2024, a 11.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 12 | 11 | -8.3% |
| 4 Bedrooms | 12 | 10 | -16.7% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The 47932 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 remained the same, 3 bedroom homes decreased by 8.3%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 4 | -60.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 47932, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in 47932 in November 2024, down by 60.0% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 47932, IN
How long does it take to sell a home in 47932, IN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 54 Days | 13 Days | -76.3% |
Summary: Homes in 47932 had an average of 13 days on market in Nov 2024, down by 76.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 47932 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in 47932; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by MLS GRID.
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.