The 47401 housing market is somewhat competitive. The median sale price of a home in 47401 was $300K last month, up 4.4% since last year. The median sale price per square foot in 47401 is $184, up 0.5% since last year.
In January 2025, 47401 home prices were up 4.4% compared to last year, selling for a median price of $300K. On average, homes in 47401 sell after 94 days on the market compared to 62 days last year. There were 87 homes sold in January this year, down from 92 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$300,000
+4.4% YoY | Jan 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jan 2025
Growth
% YoY
47401, IN
$300,000
+4.4%
United States
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How hot is the 47401 housing market?
47401 is somewhat competitive. Homes sell in 81 days.
0
100
39
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 3 months
Some homes get multiple offers.
The average homes sell for about 3% below list price and go pending in around 81 days.
Hot homes
can sell for around list price and go pending in around 44 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 47401 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 47401.
Flood Factor - Moderate
11% of properties are at risk of severe flooding over the next 30 years
Flood Factor
47401 has a moderate risk of flooding. 1,539 properties in 47401 are likely to be
severely affected
by flooding over the next 30 years. This represents 11% of all properties in 47401. Flood risk is increasing slower than the national average.
60% of properties are at risk of wildfire over the next 30 years
Fire Factor
47401 has a moderate risk of wildfire. There are 11,019 properties in 47401 that have some risk of being affected by wildfire over the next 30 years. This represents 60% of all properties in 47401.
99% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
47401 has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 47401 is most at risk from hurricanes. 18,341 properties in 47401 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 61 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 69 mph.