47987, IN Housing Market

The 47987 housing market is very competitive. The median sale price of a home in 47987 was $380K last month, up 212.8% since last year. The median sale price per square foot in 47987 is $145, up 20.8% since last year.

Trends
Demand
Schools
Climate

47987 Housing Market Trends

What is the housing market like in 47987 today?

$380K

Sale Price

+212.8%
since last year

$145

Sale $/Sq. Ft.

+20.8%
since last year

Under List Price

4.3%

Days on Market

19.5

Down Payment

—

Total Homes Sold

To compare other locations to the 47987 and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Indiana add value to a home.

How hot is the 47987 housing market?

47987 is very competitive. Homes sell in 19.5 days.

100

Very Competitive

Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 4% below list price and go pending in around 20 days.
Hot homes
can sell for about 1% above list price and go pending in around 5 days.

Compare With Nearby Zip codes

47933

100

Very Competitive

Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 2% below list price and go pending in around 17 days.
Hot homes
can sell for around list price and go pending in around 4 days.

61832

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 3% below list price and go pending in around 29 days.
Hot homes
can sell for about 2% above list price and go pending in around 15 days.

See more nearby cities and neighborhoods

View houses in 47987 that sold recently

Recently sold homes

SOLD DEC 6, 2024
$358,000 Last Sold Price
3 beds
2.5 baths
2,007 sq ft
1618 S Layton Station Rd, Veedersburg, IN 47987
List Price
$369,000
Sale to List
3% under list
Days on Market
130 days
1618 S Layton Station Rd, Veedersburg, IN 47987
SOLD DEC 6, 2024
$115,000 Last Sold Price
3 beds
1 bath
1,288 sq ft
715 N Main St, Veedersburg, IN 47987
List Price
$100,000
Sale to List
15% over list
Days on Market
239 days
715 N Main St, Veedersburg, IN 47987
SOLD NOV 14, 2024
$115,000 Last Sold Price
2 beds
1 bath
780 sq ft
413 Dewey St, Veedersburg, IN 47987
List Price
$110,000
Sale to List
5% over list
Days on Market
41 days
413 Dewey St, Veedersburg, IN 47987
SOLD NOV 8, 2024
$56,000
—beds
1.5 baths
1,215 sq ft
715 N College St, Veedersburg, IN 47987
List Price
—
Sale to List
—
Days on Market
—
715 N College St, Veedersburg, IN 47987
SOLD NOV 7, 2024
$622,500 Last Sold Price
4 beds
3.5 baths
4,588 sq ft
960 E Bonebrake Rd, Veedersburg, IN 47987
List Price
$638,000
Sale to List
2% under list
Days on Market
59 days
960 E Bonebrake Rd, Veedersburg, IN 47987
SOLD NOV 1, 2024
$380,000 Last Sold Price
3 beds
2.5 baths
2,612 sq ft
2466 S 170 W, Veedersburg, IN 47987
List Price
$395,000
Sale to List
4% under list
Days on Market
65 days
2466 S 170 W, Veedersburg, IN 47987
SOLD OCT 30, 2024
$80,000 Last Sold Price
2 beds
1 bath
2,124 sq ft
109 N Sterling Ave, Veedersburg, IN 47987
List Price
$149,000
Sale to List
46% under list
Days on Market
114 days
109 N Sterling Ave, Veedersburg, IN 47987
SOLD OCT 21, 2024
$189,000 Last Sold Price
3 beds
2 baths
1,165 sq ft
2316 E Division Rd, Hillsboro, IN 47949
List Price
$189,000
Sale to List
0% over list
Days on Market
100 days
2316 E Division Rd, Hillsboro, IN 47949
See all recently sold homes in 47987.
See listings

Schools in 47987

Learn about schools in the 47987 area

Elementary
Middle
High

GreatSchools Rating

5/10

Southeast Fountain Elementary

Public • PreK-6

575

Students

3 reviews

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 47987 housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in 47987.

Wind Factor - Minor

100% of properties are at minor risk of a severe wind event over the next 30 years

Heat Factor - Moderate

100% of properties are at moderate risk of heat over the next 30 years

Provided by First Street Foundation

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