The 47872 housing market is somewhat competitive. The median sale price of a home in 47872 was $278K last month, up 50.0% since last year. The median sale price per square foot in 47872 is $94, down 17.5% since last year.
In October 2024, 47872 home prices were up 50.0% compared to last year, selling for a median price of $278K. On average, homes in 47872 sell after 52 days on the market compared to 15 days last year. There were 16 homes sold in October this year, down from 17 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$277,500
+50.0% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
47872, IN
$277,500
+50.0%
United States
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How hot is the 47872 housing market?
47872 is somewhat competitive. Homes sell in 44.5 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 6 months
Some homes get multiple offers.
The average homes sell for about 6% below list price and go pending in around 45 days.
Hot homes
can sell for about 2% below list price and go pending in around 8 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 47872 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 47872.
Flood Factor - Minor
14% of properties are at risk of severe flooding over the next 30 years
Flood Factor
47872 has a minor risk of flooding. 895 properties in 47872 are likely to be
severely affected
by flooding over the next 30 years. This represents 14% of all properties in 47872. Flood risk is increasing slower than the national average.
13% of properties are at risk of wildfire over the next 30 years
Fire Factor
47872 has a moderate risk of wildfire. There are 1,193 properties in 47872 that have some risk of being affected by wildfire over the next 30 years. This represents 13% of all properties in 47872.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
47872 has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 47872 is most at risk from hurricanes. 8,522 properties in 47872 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 59 mph.