The 47229 housing market is very competitive. The median sale price of a home in 47229 was $180K last month, up 4.4% since last year. The median sale price per square foot in 47229 is $121, down 30.2% since last year.
In May 2025, 47229 home prices were up 4.4% compared to last year, selling for a median price of $180K. On average, homes in 47229 sell after 43 days on the market compared to 5 days last year. There were 10 homes sold in May this year, up from 8 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$180,000
+4.4% YoY | May 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2025
Growth
% YoY
47229, IN
$180,000
+4.4%
United States
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How hot is the 47229 housing market?
47229 is very competitive. Homes sell in 39 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 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 39 days.
Hot homes
can sell for about 1% above list price and go pending in around 8 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 47229 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 47229.
Flood Factor
We’re working on getting current and accurate flood risk information
Fire Factor
<1% of properties are at risk of wildfire over the next 30 years
Wind Factor
47229 has minimal risk of severe winds over the next 30 years
Heat Factor
We’re working on getting current and accurate heat risk information