Is 47429, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, 47429 was a Buyer's Market.
Housing Prices in 47429, IN
How much do homes in 47429, IN cost?
Median Sold Price
$389,000
$189/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in 47429 was $389,000 in April 2024, down 7.4% from last month, and the median price per square foot was $189.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $172.9K | N/A |
3 Bedrooms | $420K | $332.9K | -20.7% |
4 Bedrooms | - | $429.9K | N/A |
5+ Bedrooms | - | - | N/A |
Summary: 47429 housing prices by bedroom type for April 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 20.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
47429 | $420K | $389K | -7.4% |
47433 | $428.5K | $259.5K | -39.4% |
Housing Supply in 47429, IN
How many homes are available in 47429, IN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
20 | 35 | +75.0% |
Summary: The 47429 real estate market had 35 homes for sale in April 2024, a 75.0% 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 | 3 | 4 | +33.3% |
3 Bedrooms | 12 | 19 | +58.3% |
4 Bedrooms | 4 | 10 | +150.0% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The 47429 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 33.3%, 3 bedroom homes increased by 58.3%, 4 bedroom homes increased by 150%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1 | 7 | +600.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
5 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 7 homes were sold or pending in 47429 in April 2024, up by 600.0% month-over-month. Of the 7 sold homes, 14% were sold under asking, 71% were sold at asking, and 14% were sold over asking.
Days on Market for 47429, IN
How long does it take to sell a home in 47429, IN?
Average Sale Time
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
124 Days | 11 Days | -91.1% |
Summary: Homes in 47429 had an average of 11 days on market in Apr 2024, down by 91.1% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 7 homes were sold in 47429; 29% 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.