Is 47265, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 47265 has remained a Seller's Market.
Housing Prices in 47265, IN
How much do homes in 47265, IN cost?
Median Sold Price
$179,000
$125/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 47265 was $179,000 in April 2024, up 0.8% from last year, and the median price per square foot was $125.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $30K | $83.5K | +178.3% |
2 Bedrooms | $102.5K | $125K | +22.0% |
3 Bedrooms | $180K | $195K | +8.3% |
4 Bedrooms | $242.5K | $205K | -15.5% |
5+ Bedrooms | $328.9K | $319.2K | -2.9% |
Summary: 47265 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 178.3%, 2 bedroom homes increased by 22%, 3 bedroom homes increased by 8.3%, 4 bedroom homes decreased by 15.5%, and 5+ bedroom homes decreased by 2.9%.
Median Sold Price Compared To Nearby Zip Codes
47265 | $177.5K | $179K | +0.8% |
47283 | $210K | $182K | -13.3% |
Housing Supply in 47265, IN
How many homes are available in 47265, IN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
54 | 54 | 0.0% |
Summary: The 47265 real estate market had 54 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 11 | 11 | 0.0% |
3 Bedrooms | 31 | 33 | +6.5% |
4 Bedrooms | 11 | 9 | -18.2% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The 47265 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 6.5%, 4 bedroom homes decreased by 18.2%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 16 | +60.0% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 16 homes were sold or pending in 47265 in April 2024, up by 60.0% month-over-month. Of the 16 sold homes, 75% were sold under asking, 6% were sold at asking, and 19% were sold over asking.
Days on Market for 47265, IN
How long does it take to sell a home in 47265, IN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
77 Days | 38 Days | -50.5% |
Summary: Homes in 47265 had an average of 38 days on market in Apr 2024, down by 50.5% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 16 homes were sold in 47265; 69% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.