Market Snapshot

47615

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. Pending contracts stand out: down 60% vs down 6%.

Indiana Market Index

-75

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: 2 pending contracts in 13 weeks.

Aug 2025Nov 2026
Pending contracts, vs last year-60%
New listings, vs last year-22%
Days on market, vs last year273% slower
Sale-to-list price, vs last year+4.7 pts
Spencer County

This week's storylines

Real-time market profile

Median List Price

$125,000 Latest week
• Upward Trend

Median Sale Price

$57,000 Latest week
• $285,000 Previous week

Percent of Original Asking Price

95.2% Latest week
• Upward Trend

Listings With Price Cuts

50.0% Latest week
• Downward Trend

Days to Pending

75 Latest week
• Downward Trend

New Pending Sales

0 Latest week
• Flat Trend

Pending in Three Days

0.0% Latest week
• Flat Trend

Active Listings

2 Latest week
• Downward Trend

How 47615 compares to nearby markets

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More competitive than 1 of 4 nearby markets, ranked by market competition.

Market Competition DOM Sale-to-list
47531 37% 134 99% 47635 34% 83 95% 47611 18% 56 84%
47615 you 18% 75 N/A
47550 4% 133 N/A

This week's storylines

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