The 47448 housing market is somewhat competitive. The median sale price of a home in 47448 was $420K over the last 3 months, up 21.7% since the same period last year. The median sale price per square foot in 47448 is $196, down 7.3% since last year.
Over the three months ending June 2026, 47448 home prices were up 21.7% compared to the same period last year, selling for a median price of $420K. On average, homes in 47448 sell after 72 days on the market compared to 70 days last year. There were 38 homes sold in June this year, up from 24 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$419,905
+21.7% YoY | Jun 2026
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jun 2026
Growth
% YoY
47448, IN
$419,905
+21.7%
United States
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How hot is the 47448 housing market?
47448 is somewhat competitive. Homes sell in 64.5 days.
0
100
32
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 4% below list price and go pending in around 65 days.
Hot homes
can sell for around list price and go pending in around 10 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 47448 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 47448.
Flood Factor - Major
13% of properties are at risk of severe flooding over the next 30 years
Flood Factor
47448 has a major risk of flooding. 829 properties in 47448 are likely to be
severely affected
by flooding over the next 30 years. This represents 13% of all properties in 47448. Flood risk is increasing slower than the national average.
51% of properties are at risk of wildfire over the next 30 years
Fire Factor
47448 has a moderate risk of wildfire. There are 3,928 properties in 47448 that have some risk of being affected by wildfire over the next 30 years. This represents 51% of all properties in 47448.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
47448 has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 47448 is most at risk from hurricanes. 7,674 properties in 47448 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 54 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 60 mph.