Market Snapshot

47040

Real-time leading indicators • updated weekly  Full dashboard

Homes are listing at $159,900 on average, and half go under contract in 15 days. They sell for 103.1% of their original asking price.

32

Much hotter than average

Hotter than 92% of Indiana zip code markets • Ranked #54 of 633  See map

Heat index blends days on market, sale-to-list price, and pendings-to-listings absorption. The score is relative to the current market in the rest of the state (0 = state average).

Market heat32
CoolerHotter
Days on market6
Sale-to-list price102%
Pendings-to-listings100%

This week's storylines

Real-time market profile

Median List Price

$159,900 Latest week
• Flat Trend

Median Sale Price

$232,000 Latest week
• $257,500 Previous week

Percent of Original Asking Price

103.1% Latest week
• Flat Trend

Days to Pending

15 Latest week
• Downward Trend

New Pending Sales

1 Latest week
• Flat Trend

Pending in Three Days

100.0% Latest week
• Upward Trend

Active Listings

6 Latest week
• Flat Trend

How 47040 compares to nearby markets

See full map

Hotter than 6 of 6 nearby markets, ranked by market heat.

Market Heat DOM Sale-to-list
47040 you 32 6 102%
47011 27 0 100% 47018 25 32 99% 47020 5 72 100% 47043 5 110 98% 47001 -16 104 97% 47038 -20 153 94%

Put this market to work

Ask Spark about this market “What's driving the recent percentage of asking price trend in 47040?”