The 47638 housing market is very competitive. The median sale price of a home in 47638 was $414K last month, up 69.3% since last year. The median sale price per square foot in 47638 is $223, up 30.0% since last year.
In February 2025, 47638 home prices were up 69.3% compared to last year, selling for a median price of $414K. On average, homes in 47638 sell after 10 days on the market compared to 63 days last year. There were 4 homes sold in February this year, up from 4 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$414,000
+69.3% YoY | Feb 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Feb 2025
Growth
% YoY
47638, IN
$414,000
+69.3%
United States
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How hot is the 47638 housing market?
47638 is very competitive. Homes sell in 5 days.
0
100
79
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 12 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% below list price and go pending in around 5 days.
Hot homes
can sell for about 1% above 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 47638 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 47638.
Flood Factor - Minor
14% of properties are at risk of severe flooding over the next 30 years
Flood Factor
47638 has a minor risk of flooding. 319 properties in 47638 are likely to be
severely affected
by flooding over the next 30 years. This represents 14% of all properties in 47638. Flood risk is increasing slower than the national average.
7% of properties are at risk of wildfire over the next 30 years
Fire Factor
47638 has a moderate risk of wildfire. There are 192 properties in 47638 that have some risk of being affected by wildfire over the next 30 years. This represents 7% of all properties in 47638.
59% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
47638 has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 47638 is most at risk from hurricanes. 1,471 properties in 47638 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 64 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 69 mph.