The 47842 housing market is somewhat competitive. The median sale price of a home in 47842 was $152K last month, up 111.1% since last year. The median sale price per square foot in 47842 is $76, up 16.0% since last year.
In October 2024, 47842 home prices were up 111.1% compared to last year, selling for a median price of $152K. On average, homes in 47842 sell after 43 days on the market compared to 32 days last year. There were 11 homes sold in October this year, up from 8 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$152,000
+111.1% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
47842, IN
$152,000
+111.1%
United States
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How hot is the 47842 housing market?
47842 is somewhat competitive. Homes sell in 57 days.
0
100
42
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 9 months
Some homes get multiple offers.
The average homes sell for about 6% below list price and go pending in around 57 days.
Hot homes
can sell for about 1% below list price and go pending in around 25 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on 47842 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 47842.
Flood Factor - Minor
19% of properties are at risk of severe flooding over the next 30 years
Flood Factor
47842 has a minor risk of flooding. 897 properties in 47842 are likely to be
severely affected
by flooding over the next 30 years. This represents 19% of all properties in 47842. Flood risk is increasing slower than the national average.
5% of properties are at risk of wildfire over the next 30 years
Fire Factor
47842 has a moderate risk of wildfire. There are 392 properties in 47842 that have some risk of being affected by wildfire over the next 30 years. This represents 5% of all properties in 47842.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
47842 has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 47842 is most at risk from hurricanes. 6,823 properties in 47842 have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 54 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 61 mph.