Is 47967, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 47967 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 47967 has remained a Seller's Market.

Key Takeaway

47967 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 47967, IN

How much do homes in 47967, IN cost?

Median Sold Price

$165,500

$118/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$10,500(+6.8%)

Key Takeaway

Homes in 47967 have sold for 6.8% more than they did a year ago.

Summary: The median home sold price in 47967 was $165,500 in October 2024, up 6.8% from last year, and the median price per square foot was $118.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $121K$172K
+42.1%
3 $235K$148K
-37.0%
4 $145K$159K
+9.7%
5+ -$550K
N/A

Summary: 47967 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 increased by 42.1%, 3 bedroom homes decreased by 37%, 4 bedroom homes increased by 9.7%, and 5+ bedroom homes did not change.

Housing Supply in 47967, IN

How many homes are available in 47967, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
42-50.0%

Summary: The 47967 real estate market had 2 homes for sale in October 2024, a 50.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 42
-50.0%
4 00
0.0%
5+ 00
0.0%

Summary: The 47967 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 remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 47967, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in 47967 in October 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 47967, IN

We’re sorry, we don't have information for this market at the moment

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

Report Updated 20 Days Ago

Newest Listings in 47967, IN

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