Market Snapshot
47040
Real-time leading indicators • updated weekly Full dashboard
Homes are listing at $229,900 on average, and half go under contract in 41 days. They sell for 90.0% of their original asking price.
Hotter than average
Hotter than 59% of Indiana zip code markets • Ranked #262 of 642 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).
This week's storylines
- ▼ Pending contracts shifted from +18%/wk to -59%/wk trend shift • Week of Jul. 13, 2026
- ▼ Listing price down $119,183 vs the prior 6 weeks • Week of Jul. 13, 2026
- ▼ Inventory down 8 average daily available listings vs a year ago • Week of Jul. 13, 2026
Median List Price
$229,900 Latest week
• Downward Trend
Median Sale Price
$131,500 Latest week
• $395,000 Previous week
Percent of Original Asking Price
90.0% Latest week
• Downward Trend
Days to Pending
41 Latest week
• Upward Trend
New Pending Sales
1 Latest week
• Upward Trend
Pending in Three Days
0.0% Latest week
• Downward Trend
Active Listings
4 Latest week
• Downward Trend
How 47040 compares to nearby markets
See full mapHotter than 3 of 5 nearby markets, ranked by market heat.