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 Last Month

Since last month, 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

$180,000

$90/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$238,000(-56.9%)

Key Takeaway

Homes in 47967 have sold for 56.9% less than they did a month ago.

Summary: The median home sold price in 47967 was $180,000 in November 2024, down 56.9% from last month, and the median price per square foot was $90.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $418K$180K
-56.9%
4 --
N/A
5+ --
N/A

Summary: 47967 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 56.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

47955
-24.2%
47967
-56.9%

Housing Supply in 47967, IN

How many homes are available in 47967, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
23+50.0%

Summary: The 47967 real estate market had 3 homes for sale in November 2024, a 50.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 23
+50.0%
4 00
0.0%
5+ 00
0.0%

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

Number of Homes Sold

Oct 2024Nov 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 47967, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in 47967 in November 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for 47967, IN

How long does it take to sell a home in 47967, 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

Breakdown of Home Sale Times

Key Takeaway

Many homes in 47967 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 1 homes were sold in 47967; 100% 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.

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

Report Updated 21 Days Ago

Newest Listings in 47967, IN

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