The 47553 housing market is not very competitive. The median sale price of a home in 47553 was $300K over the last 3 months, up 62.1% since the same period last year. The median sale price per square foot in 47553 is $134, down 28.0% since last year.
Over the three months ending August 2026, 47553 home prices were up 62.1% compared to the same period last year, selling for a median price of $300K. On average, homes in 47553 sell after 73 days on the market compared to 51 days last year. There were 17 homes sold in August this year, up from 13 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$299,870
+62.1% YoY | Aug 2026
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Aug 2026
Growth
% YoY
47553, IN
$299,870
+62.1%
United States
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How hot is the 47553 housing market?
47553 is not very competitive. Homes sell in 73 days.
0
100
25
Not Very 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
Multiple offers are rare.
The average homes sell for about 9% below list price and go pending in around 73 days.
Hot homes
can sell for about 2% below list price and go pending in around 31 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 47553 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 47553.
Flood Factor - Moderate
8% of properties are at risk of severe flooding over the next 30 years
Flood Factor
47553 has a moderate risk of flooding. 465 properties in 47553 are likely to be
severely affected
by flooding over the next 30 years. This represents 8% of all properties in 47553. Flood risk is increasing slower than the national average.
1% of properties are at risk of wildfire over the next 30 years
Fire Factor
47553 has a moderate risk of wildfire. There are 99 properties in 47553 that have some risk of being affected by wildfire over the next 30 years. This represents 1% of all properties in 47553.
99% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
47553 has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 47553 is most at risk from hurricanes. 6,682 properties in 47553 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 58 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 61 mph.