Is 47334, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 47334 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 47334 has remained a Seller's Market.

Key Takeaway

47334 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 47334, IN

How much do homes in 47334, IN cost?

Median Sold Price

$304,500

$126/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$169,020(+124.8%)

Key Takeaway

Homes in 47334 have sold for 124.8% more than they did a year ago.

Summary: The median home sold price in 47334 was $304,500 in April 2024, up 124.8% from last year, and the median price per square foot was $126.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $40K-
N/A
2 $89.9K$95.5K
+6.2%
3 $159.9K$271.9K
+70.0%
4 $171.7K$345K
+100.9%
5+ $435K-
N/A

Summary: 47334 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.2%, 3 bedroom homes increased by 70%, 4 bedroom homes increased by 100.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

47334
+124.8%
46012
+7.3%
46017
-5.7%
47396
-7.8%
47356
-17.0%

Housing Supply in 47334, IN

How many homes are available in 47334, IN?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
35+66.7%

Summary: The 47334 real estate market had 5 homes for sale in April 2024, a 66.7% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 24
+100.0%
4 01
+100.0%
5+ 10
-100.0%

Summary: The 47334 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 remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
01+100.0%

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 47334, 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 47334 in April 2024, up by 100.0% month-over-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 47334, IN

How long does it take to sell a home in 47334, IN?

Average Sale Time

Apr 2023Apr 2024CHANGE
5 Days29 Days+404.3%

Summary: Homes in 47334 had an average of 29 days on market in Apr 2024, up by 404.3% compared to last year.

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 47334 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 1 homes were sold in 47334; 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 6 Days Ago

Newest Listings in 47334, IN

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