Market Snapshot

47611

Real-time leading indicators • updated weekly  Full dashboard

More competitive than 18% of Indiana ZIP codes, but too few sales to tell the trend vs last year. Too noisy to tell apart from Spencer County, which is heating up. Sale-to-list price stands out: down 10.3 pts vs up 1.3 pts.

Indiana Market Index

50

Heating up 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: 6 pending contracts in 13 weeks.

Aug 2025Nov 2026
Pending contracts, vs last year+168%
New listings, vs last year+174%
Days on market, vs last yearn/a
Sale-to-list price, vs last year-10.3 pts
Spencer County

This week's storylines

Real-time market profile

Median List Price

$192,250 Latest week
• Flat Trend

Median Sale Price

$195,000 Latest week
• $106,200 Previous week

Percent of Original Asking Price

86.3% Latest week
• Downward Trend

Listings With Price Cuts

50.0% Latest week
• Upward Trend

Days to Pending

56 Latest week
• Upward Trend

New Pending Sales

0 Latest week
• Flat Trend

Pending in Three Days

0.0% Latest week
• Downward Trend

Active Listings

4 Latest week
• Downward Trend

How 47611 compares to nearby markets

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More competitive than 1 of 6 nearby markets, ranked by market competition.

Market Competition DOM Sale-to-list
47634 81% 17 98% 47601 75% 46 107% 47635 34% 83 95% 47537 20% N/A 91% 47615 18% 75 N/A
47611 you 18% 56 84%
47550 4% 133 N/A

This week's storylines

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