The 47542 housing market is somewhat competitive. The median sale price of a home in 47542 was $209K last month, down 8.9% since last year. The median sale price per square foot in 47542 is $136, up 21.4% since last year.
In April 2025, 47542 home prices were down 8.9% compared to last year, selling for a median price of $209K. On average, homes in 47542 sell after 23 days on the market compared to 55 days last year. There were 17 homes sold in April this year, down from 20 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$209,000
-8.9% YoY | Apr 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2025
Growth
% YoY
47542, IN
$209,000
-8.9%
United States
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How hot is the 47542 housing market?
47542 is somewhat competitive. Homes sell in 20 days.
0
100
62
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 6 months
Some homes get multiple offers.
The average homes sell for about 4% below list price and go pending in around 20 days.
Hot homes
can sell for around list price and go pending in around 3 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 47542 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 47542.
Flood Factor - Moderate
15% of properties are at risk of severe flooding over the next 30 years
Flood Factor
47542 has a moderate risk of flooding. 897 properties in 47542 are likely to be
severely affected
by flooding over the next 30 years. This represents 15% of all properties in 47542. Flood risk is increasing slower than the national average.
11% of properties are at risk of wildfire over the next 30 years
Fire Factor
47542 has a moderate risk of wildfire. There are 836 properties in 47542 that have some risk of being affected by wildfire over the next 30 years. This represents 11% of all properties in 47542.
93% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
47542 has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 47542 is most at risk from hurricanes. 6,951 properties in 47542 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.