The 47501 housing market is somewhat competitive. The median sale price of a home in 47501 was $198K last month, up 5.6% since last year. The median sale price per square foot in 47501 is $112, down 1.8% since last year.
In October 2024, 47501 home prices were up 5.6% compared to last year, selling for a median price of $198K. On average, homes in 47501 sell after 43 days on the market compared to 23 days last year. There were 39 homes sold in October this year, up from 38 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$198,000
+5.6% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
47501, IN
$198,000
+5.6%
United States
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How hot is the 47501 housing market?
47501 is somewhat competitive. Homes sell in 61 days.
0
100
35
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 5% below list price and go pending in around 61 days.
Hot homes
can sell for around list price and go pending in around 35 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 47501 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 47501.
Flood Factor - Minor
17% of properties are at risk of severe flooding over the next 30 years
Flood Factor
47501 has a minor risk of flooding. 1,372 properties in 47501 are likely to be
severely affected
by flooding over the next 30 years. This represents 17% of all properties in 47501. Flood risk is increasing slower than the national average.
59% of properties are at risk of wildfire over the next 30 years
Fire Factor
47501 has a moderate risk of wildfire. There are 6,072 properties in 47501 that have some risk of being affected by wildfire over the next 30 years. This represents 59% of all properties in 47501.
97% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
47501 has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 47501 is most at risk from hurricanes. 9,939 properties in 47501 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 60 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 65 mph.