The 46227 housing market is very competitive. The median sale price of a home in 46227 was $230K last month, up 0.02% since last year. The median sale price per square foot in 46227 is $148, up 8.0% since last year.
In May 2024, 46227 home prices were unchanged 0.02% compared to last year, selling for a median price of $230K. On average, homes in 46227 sell after 18 days on the market compared to 10 days last year. There were 123 homes sold in May this year, down from 144 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$230,000
+0.02% YoY | May 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2024
Growth
% YoY
46227, IN
$230,000
+0.02%
United States
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How hot is the 46227 housing market?
46227 is very competitive. Homes sell in 18 days.
0
100
70
Very 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 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 2% below list price and go pending in around 18 days.
Hot homes
can sell for around list price and go pending in around 5 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 46227 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 46227.
Risk Factor
Flood Factor - Moderate
12% of properties are at risk of severe flooding over the next 30 years
Flood Factor
46227 has a moderate risk of flooding. 959 properties in 46227 are likely to be
severely affected
by flooding over the next 30 years. This represents 12% of all properties in 46227. Flood risk is increasing slower than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
46227 has a minor risk of wildfire. There are 65 properties in 46227 that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in 46227.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
46227 has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 46227 is most at risk from hurricanes. 15,698 properties in 46227 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 47 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 54 mph.