Is 47302, 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, 47302 has remained a Seller's Market.
Housing Prices in 47302, IN
How much do homes in 47302, IN cost?
Median Sold Price
$90,000
$77/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 47302 was $90,000 in April 2024, up 16.1% from last year, and the median price per square foot was $77.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $64K | $50K | -21.9% |
2 Bedrooms | $60.4K | $67K | +10.8% |
3 Bedrooms | $95K | $116K | +22.1% |
4 Bedrooms | $132K | $175K | +32.6% |
5+ Bedrooms | $44.4K | $62K | +39.5% |
Summary: 47302 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 21.9%, 2 bedroom homes increased by 10.8%, 3 bedroom homes increased by 22.1%, 4 bedroom homes increased by 32.6%, and 5+ bedroom homes increased by 39.5%.
Housing Supply in 47302, IN
How many homes are available in 47302, IN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
54 | 66 | +22.2% |
Summary: The 47302 real estate market had 66 homes for sale in April 2024, a 22.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 25 | 33 | +32.0% |
3 Bedrooms | 24 | 28 | +16.7% |
4 Bedrooms | 5 | 5 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 47302 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 32%, 3 bedroom homes increased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
8 | 15 | +87.5% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in 47302 in April 2024, up by 87.5% month-over-month. Of the 15 sold homes, 60% were sold under asking, 13% were sold at asking, and 27% were sold over asking.
Days on Market for 47302, IN
How long does it take to sell a home in 47302, IN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
23 Days | 22 Days | -4.8% |
Summary: Homes in 47302 had an average of 22 days on market in Apr 2024, down by 4.8% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 15 homes were sold in 47302; 33% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.