$3,147 Closing Credit*
$265,000
4 Beds
•1 Full Bath
Brock Garrelts, Listing Office: Burton Farm and Home Realty
Is 47944, 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, 47944 has remained a Seller's Market.
Key Takeaway
47944 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 47944, IN
How much do homes in 47944, IN cost?
Median Sold Price
$175,000
$120/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$17,000(-8.9%)
Key Takeaway
Homes in 47944 have sold for 8.9% less than they did a month ago.
Summary: The median home sold price in 47944 was $175,000 in October 2024, down 8.9% from last month, and the median price per square foot was $120.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $184.2K | $118K | -36.0% |
| 3 Bedrooms | $223K | $177K | -20.6% |
| 4 Bedrooms | $187K | $165K | -11.8% |
| 5+ Bedrooms | - | - | N/A |
Summary: 47944 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 decreased by 36%, 3 bedroom homes decreased by 20.6%, 4 bedroom homes decreased by 11.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 47971 | $158K | $145K | -8.2% |
| 47944 | $192K | $175K | -8.9% |
Housing Supply in 47944, IN
How many homes are available in 47944, IN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 23 | 24 | +4.3% |
Summary: The 47944 real estate market had 24 homes for sale in October 2024, a 4.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 13 | 13 | 0.0% |
| 4 Bedrooms | 6 | 8 | +33.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 47944 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 8 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 47944, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in 47944 in October 2024, the same as the previous month. Of the 8 sold homes, 50% were sold under asking, 38% were sold at asking, and 13% were sold over asking.
Days on Market for 47944, IN
How long does it take to sell a home in 47944, IN?
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 47944 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 8 homes were sold in 47944; 13% 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.
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.