Is 47989, 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, 47989 has remained a Buyer's Market.
Housing Prices in 47989, IN
How much do homes in 47989, IN cost?
Median Sold Price
$156,500
$91/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 47989 was $156,500 in April 2024, down 6.8% from last year, and the median price per square foot was $91.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $75K | - | N/A |
2 Bedrooms | $97K | $101K | +4.1% |
3 Bedrooms | $198.5K | $160K | -19.4% |
4 Bedrooms | $550K | $207K | -62.4% |
5+ Bedrooms | $160K | - | N/A |
Summary: 47989 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 4.1%, 3 bedroom homes decreased by 19.4%, 4 bedroom homes decreased by 62.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
47954 | $179.9K | $235.5K | +30.9% |
47933 | $170K | $185K | +8.8% |
47989 | $168K | $156.5K | -6.8% |
Housing Supply in 47989, IN
How many homes are available in 47989, IN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
8 | 8 | 0.0% |
Summary: The 47989 real estate market had 8 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 | 1 | 0 | -100.0% |
3 Bedrooms | 5 | 6 | +20.0% |
4 Bedrooms | 2 | 2 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 47989 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 increased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1 | 1 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in 47989 in April 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 47989, IN
How long does it take to sell a home in 47989, IN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
2 Days | 167 Days | +8250.0% |
Summary: Homes in 47989 had an average of 167 days on market in Apr 2024, up by 8250% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 1 homes were sold in 47989; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.