The 47342 housing market is somewhat competitive. The median sale price of a home in 47342 was $182K last month, up 39.7% since last year. The median sale price per square foot in 47342 is $108, down 27.9% since last year.
In May 2025, 47342 home prices were up 39.7% compared to last year, selling for a median price of $182K. On average, homes in 47342 sell after 12 days on the market compared to 3 days last year. There were 6 homes sold in May this year, up from 3 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$181,500
+39.7% YoY | May 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2025
Growth
% YoY
47342, IN
$181,500
+39.7%
United States
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How hot is the 47342 housing market?
47342 is somewhat competitive. Homes sell in 21.5 days.
0
100
64
Somewhat 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
Some homes get multiple offers.
The average homes sell for about 4% below list price and go pending in around 22 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 47342 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 47342.
Flood Factor - Minor
14% of properties are at risk of severe flooding over the next 30 years
Flood Factor
47342 has a minor risk of flooding. 156 properties in 47342 are likely to be
severely affected
by flooding over the next 30 years. This represents 14% of all properties in 47342. Flood risk is increasing faster than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
47342 has a moderate risk of wildfire. There are 16 properties in 47342 that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in 47342.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
47342 has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 47342 is most at risk from hurricanes. 2,068 properties in 47342 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 50 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 59 mph.