Is 47933, 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, 47933 has remained a Seller's Market.
Housing Prices in 47933, IN
How much do homes in 47933, IN cost?
Median Sold Price
$185,000
$107/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 47933 was $185,000 in April 2024, up 8.8% from last year, and the median price per square foot was $107.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $77.5K | $52.5K | -32.3% |
2 Bedrooms | $140.7K | $153.7K | +9.2% |
3 Bedrooms | $175K | $200K | +14.3% |
4 Bedrooms | $223.2K | $267.1K | +19.6% |
5+ Bedrooms | $274K | $259.2K | -5.4% |
Summary: 47933 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 32.3%, 2 bedroom homes increased by 9.2%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 19.6%, and 5+ bedroom homes decreased by 5.4%.
Median Sold Price Compared To Nearby Zip Codes
47933 | $170K | $185K | +8.8% |
47990 | $161.9K | $167.5K | +3.4% |
Housing Supply in 47933, IN
How many homes are available in 47933, IN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
100 | 100 | 0.0% |
Summary: The 47933 real estate market had 100 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 23 | 24 | +4.3% |
3 Bedrooms | 50 | 46 | -8.0% |
4 Bedrooms | 23 | 25 | +8.7% |
5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The 47933 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 4.3%, 3 bedroom homes decreased by 8%, 4 bedroom homes increased by 8.7%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
26 | 33 | +26.9% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 33 homes were sold or pending in 47933 in April 2024, up by 26.9% month-over-month. Of the 33 sold homes, 58% were sold under asking, 24% were sold at asking, and 18% were sold over asking.
Days on Market for 47933, IN
How long does it take to sell a home in 47933, IN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
60 Days | 37 Days | -38.4% |
Summary: Homes in 47933 had an average of 37 days on market in Apr 2024, down by 38.4% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 33 homes were sold in 47933; 58% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.