Market Snapshot

47031

Real-time leading indicators • updated weekly  Full dashboard

More competitive than 85% of Indiana ZIP codes, but too few sales to tell the trend vs last year. Too noisy to tell apart from Ripley County, which is cooling fast. Pending contracts stand out: up 46% vs down 16%.

Indiana Market Index

-73

Cooling fast compared to last year, small sample

Aug 3 to Nov 1, 2026 vs. the same weeks last year. 0 means no change. Small sample: 16 pending contracts in 13 weeks.

Nov 2024Nov 2026
Pending contracts, vs last year+46%
New listings, vs last year-20%
Days on market, vs last year80% slower
Sale-to-list price, vs last year-3.0 pts
Ripley County

This week's storylines

Real-time market profile

Median List Price

$219,900 Latest week
• Upward Trend

Median Sale Price

$282,000 Latest week
• $126,000 Previous week

Percent of Original Asking Price

98.8% Latest week
• Downward Trend

Listings With Price Cuts

9.1% Latest week
• Upward Trend

Days to Pending

28 Latest week
• Flat Trend

New Pending Sales

2 Latest week
• Flat Trend

Pending in Three Days

0.0% Latest week
• Downward Trend

Active Listings

7 Latest week
• Downward Trend

How 47031 compares to nearby markets

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More competitive than 5 of 6 nearby markets, ranked by market competition.

Market Competition DOM Sale-to-list
47018 96% 17 N/A
47031 you 85% 44 96%
47032 78% 3 103% 47041 68% 9 92% 47042 44% 68 98% 47037 31% N/A 98% 47001 20% 54 89%

This week's storylines

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