Is 47804, 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, 47804 has remained a Seller's Market.
Housing Prices in 47804, IN
How much do homes in 47804, IN cost?
Median Sold Price
$90,950
$77/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 47804 was $90,950 in April 2024, up 43.2% 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 | $63.5K | $97.5K | +53.5% |
2 Bedrooms | $58.5K | $82.2K | +40.6% |
3 Bedrooms | $79.9K | $86.5K | +8.3% |
4 Bedrooms | $157K | $130K | -17.2% |
5+ Bedrooms | - | $160.7K | N/A |
Summary: 47804 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 53.5%, 2 bedroom homes increased by 40.6%, 3 bedroom homes increased by 8.3%, 4 bedroom homes decreased by 17.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
47804 | $63.5K | $90.9K | +43.2% |
47805 | $155K | $173K | +11.6% |
47803 | $147K | $153K | +4.1% |
Housing Supply in 47804, IN
How many homes are available in 47804, IN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
14 | 11 | -21.4% |
Summary: The 47804 real estate market had 11 homes for sale in April 2024, a 21.4% decrease 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 | 6 | 3 | -50.0% |
3 Bedrooms | 4 | 5 | +25.0% |
4 Bedrooms | 2 | 2 | 0.0% |
5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The 47804 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 50%, 3 bedroom homes increased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 4 | -20.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in 47804 in April 2024, down by 20.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for 47804, IN
How long does it take to sell a home in 47804, IN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
2 Days | 97 Days | +3498.2% |
Summary: Homes in 47804 had an average of 97 days on market in Apr 2024, up by 3498.2% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 4 homes were sold in 47804; 0% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.