Is 47356, 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, 47356 has remained a Seller's Market.
Housing Prices in 47356, IN
How much do homes in 47356, IN cost?
Median Sold Price
$166,000
$104/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 47356 was $166,000 in April 2024, down 17% from last year, and the median price per square foot was $104.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $128.7K | $120K | -6.8% |
3 Bedrooms | $249K | $169.9K | -31.7% |
4 Bedrooms | $210K | $249K | +18.6% |
5+ Bedrooms | $22.7K | $575K | +2427.5% |
Summary: 47356 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 decreased by 6.8%, 3 bedroom homes decreased by 31.7%, 4 bedroom homes increased by 18.6%, and 5+ bedroom homes increased by 2427.5%.
Median Sold Price Compared To Nearby Zip Codes
47334 | $135.4K | $304.5K | +124.8% |
46017 | $175K | $165K | -5.7% |
47356 | $200K | $166K | -17.0% |
Housing Supply in 47356, IN
How many homes are available in 47356, IN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
23 | 25 | +8.7% |
Summary: The 47356 real estate market had 25 homes for sale in April 2024, a 8.7% 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 | 1 | 0 | -100.0% |
3 Bedrooms | 14 | 12 | -14.3% |
4 Bedrooms | 5 | 10 | +100.0% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The 47356 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 decreased by 100%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 9 | +80.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in 47356 in April 2024, up by 80.0% month-over-month. Of the 9 sold homes, 44% were sold under asking, 22% were sold at asking, and 33% were sold over asking.
Days on Market for 47356, IN
How long does it take to sell a home in 47356, IN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
15 Days | 23 Days | +48.4% |
Summary: Homes in 47356 had an average of 23 days on market in Apr 2024, up by 48.4% compared to last year.
Breakdown of Home Sale Times
6 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, 9 homes were sold in 47356; 67% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.