The 47150 housing market is very competitive. The median sale price of a home in 47150 was $243K last month, up 10.5% since last year. The median sale price per square foot in 47150 is $146, up 1.4% since last year.
In May 2025, 47150 home prices were up 10.5% compared to last year, selling for a median price of $243K. On average, homes in 47150 sell after 20 days on the market compared to 11 days last year. There were 173 homes sold in May this year, up from 150 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$243,000
+10.5% YoY | May 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2025
Growth
% YoY
47150, IN
$243,000
+10.5%
United States
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How hot is the 47150 housing market?
47150 is very competitive. Homes sell in 12.5 days.
0
100
80
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 1% below list price and go pending in around 13 days.
Hot homes
can sell for about 1% above list price and go pending in around 3 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 47150 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 47150.
Flood Factor - Severe
19% of properties are at risk of severe flooding over the next 30 years
Flood Factor
47150 has a severe risk of flooding. 3,307 properties in 47150 are likely to be
severely affected
by flooding over the next 30 years. This represents 19% of all properties in 47150. Flood risk is increasing slower than the national average.
9% of properties are at risk of wildfire over the next 30 years
Fire Factor
47150 has a moderate risk of wildfire. There are 2,277 properties in 47150 that have some risk of being affected by wildfire over the next 30 years. This represents 9% of all properties in 47150.
99% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
47150 has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 47150 is most at risk from hurricanes. 24,306 properties in 47150 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 55 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 63 mph.