The 47041 housing market is very competitive. The median sale price of a home in 47041 was $280K over the last 3 months, down 15.9% since the same period last year. The median sale price per square foot in 47041 is $222, up 34.1% since last year.
Over the three months ending June 2026, 47041 home prices were down 15.9% compared to the same period last year, selling for a median price of $280K. On average, homes in 47041 sell after 28 days on the market compared to 9 days last year. There were 13 homes sold in June this year, up from 8 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$279,937
-15.9% YoY | Jun 2026
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jun 2026
Growth
% YoY
47041, IN
$279,937
-15.9%
United States
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How hot is the 47041 housing market?
47041 is very competitive. Homes sell in 13 days.
0
100
79
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 12 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 13 days.
Hot homes
can sell for around list price and go pending in around 6 days.
Ripley-Ohio-Dearborn Special Education Cooperative
Public • PreK-12
-
Students
N/A
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 47041 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 47041.
Flood Factor - Major
5% of properties are at risk of severe flooding over the next 30 years
Flood Factor
47041 has a major risk of flooding. 176 properties in 47041 are likely to be
severely affected
by flooding over the next 30 years. This represents 5% of all properties in 47041. Flood risk is increasing slower than the national average.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
47041 has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 47041 is most at risk from hurricanes. 3,681 properties in 47041 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 50 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 59 mph.