The 47331 housing market is not very competitive. The median sale price of a home in 47331 was $150K last month, up 9.7% since last year. The median sale price per square foot in 47331 is $96, down 10.6% since last year.
In March 2024, 47331 home prices were up 9.7% compared to last year, selling for a median price of $150K. On average, homes in 47331 sell after 51 days on the market compared to 64 days last year. There were 31 homes sold in March this year, down from 42 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$149,900
+9.7% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
47331, IN
$149,900
+9.7%
United States
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How hot is the 47331 housing market?
47331 is not very competitive. Homes sell in 37.5 days.
0
100
23
Not 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
Multiple offers are rare.
The average homes sell for about 4% below list price and go pending in around 38 days.
Hot homes
can sell for around list price and go pending in around 9 days.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
8/10
Fayette Central Elementary
Public • K-6
287
Students
N/A
7/10
Everton Elementary School
Public • K-6
238
Students
N/A
5/10
Frazee Elementary School
Public • K-6
313
Students
1 reviews
5/10
Eastview Elementary School
Public • PreK-6
346
Students
N/A
5/10
Laurel School
Public • PreK-6
285
Students
5 reviews
Only showing 5 of
7 elementary schools.
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 47331 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 47331.
Risk Factor
Flood Factor - Moderate
18% of properties are at risk of severe flooding over the next 30 years
Flood Factor
47331 has a moderate risk of flooding. 1,531 properties in 47331 are likely to be
severely affected
by flooding over the next 30 years. This represents 18% of all properties in 47331. Flood risk is increasing slower than the national average.
7% of properties are at risk of wildfire over the next 30 years
Fire Factor
47331 has a moderate risk of wildfire. There are 964 properties in 47331 that have some risk of being affected by wildfire over the next 30 years. This represents 7% of all properties in 47331.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
47331 has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 47331 is most at risk from hurricanes. 13,502 properties in 47331 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 52 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 61 mph.