Market Snapshot

47940

Real-time leading indicators • updated weekly  Full dashboard

Homes are listing at $425,000 on average, and half go under contract in 11 days. They sell for 92.3% of their original asking price.

8

Near the state average

Hotter than 58% of Indiana zip code markets • Ranked #270 of 637  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 heat8
CoolerHotter
Days on market11
Sale-to-list price92%
Pendings-to-listings75%

This week's storylines

Real-time market profile

Median List Price

$425,000 Latest week
• Flat Trend

Median Sale Price

$180,000 Latest week
• $206,000 Previous week

Percent of Original Asking Price

92.3% Latest week
• Downward Trend

Listings With Price Cuts

25.0% Latest week
• Downward Trend

Days to Pending

11 Latest week
• Downward Trend

New Pending Sales

3 Latest week
• Flat Trend

Pending in Three Days

33.3% Latest week
• Upward Trend

Active Listings

6 Latest week
• Upward Trend

How 47940 compares to nearby markets

See full map

Hotter than 3 of 5 nearby markets, ranked by market heat.

Market Heat DOM Sale-to-list
46071 18 17 100% 47933 15 26 94%
47940 you 8 11 92%
47955 4 8 79% 46035 -17 33 88% 47930 -61 N/A 82%

Put this market to work

Get this market's social pack Post-ready graphics, a 30-second reel, and a script. New every month. Ask Spark about this market “What's driving the recent weekly sale price trend in 47940?”