The 47220 housing market is very competitive. The median sale price of a home in 47220 was $190K last month, up 29.7% since last year. The median sale price per square foot in 47220 is $168, up 77.8% since last year.
In March 2024, 47220 home prices were up 29.7% compared to last year, selling for a median price of $190K. On average, homes in 47220 sell after 14 days on the market compared to 26 days last year. There were 8 homes sold in March this year, down from 9 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$189,950
+29.7% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
47220, IN
$189,950
+29.7%
United States
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How hot is the 47220 housing market?
47220 is very competitive. Homes sell in 13.5 days.
0
100
81
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 14 days.
Hot homes
can sell for about 1% above 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 47220 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 47220.
Risk Factor
Flood Factor - Moderate
17% of properties are at risk of severe flooding over the next 30 years
Flood Factor
47220 has a moderate risk of flooding. 499 properties in 47220 are likely to be
severely affected
by flooding over the next 30 years. This represents 17% of all properties in 47220. Flood risk is increasing slower than the national average.
37% of properties are at risk of wildfire over the next 30 years
Fire Factor
47220 has a moderate risk of wildfire. There are 1,338 properties in 47220 that have some risk of being affected by wildfire over the next 30 years. This represents 37% of all properties in 47220.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
47220 has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 47220 is most at risk from hurricanes. 3,609 properties in 47220 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.