The 47111 housing market is very competitive. The median sale price of a home in 47111 was $253K last month, up 4.2% since last year. The median sale price per square foot in 47111 is $166, up 2.8% since last year.
In October 2024, 47111 home prices were up 4.2% compared to last year, selling for a median price of $253K. On average, homes in 47111 sell after 19 days on the market compared to 17 days last year. There were 126 homes sold in October this year, up from 96 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$252,895
+4.2% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
47111, IN
$252,895
+4.2%
United States
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How hot is the 47111 housing market?
47111 is very competitive. Homes sell in 28 days.
0
100
71
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 28 days.
Hot homes
can sell for around list price and go pending in around 7 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 47111 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 47111.
Flood Factor - Moderate
13% of properties are at risk of severe flooding over the next 30 years
Flood Factor
47111 has a moderate risk of flooding. 1,180 properties in 47111 are likely to be
severely affected
by flooding over the next 30 years. This represents 13% of all properties in 47111. Flood risk is increasing slower than the national average.
26% of properties are at risk of wildfire over the next 30 years
Fire Factor
47111 has a moderate risk of wildfire. There are 2,763 properties in 47111 that have some risk of being affected by wildfire over the next 30 years. This represents 26% of all properties in 47111.
98% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
47111 has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 47111 is most at risk from hurricanes. 10,126 properties in 47111 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 56 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 65 mph.