Market Snapshot
47940
Real-time leading indicators • updated weekly Full dashboard
Homes are listing at $125,000 on average, and half go under contract in 42 days. They sell for 94.7% of their original asking price.
Much hotter than average
Hotter than 85% of Indiana zip code markets • Ranked #95 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
- ▼ Inventory shifted from +18%/wk to -22%/wk trend shift • Week of Aug. 03, 2026
- ▼ Listing price down $184,150 vs the prior 6 weeks • Week of Aug. 03, 2026
- ▼ Days on market down 29 days vs the prior 6 weeks • Week of Aug. 03, 2026
Median List Price
$125,000 Latest week
• Downward Trend
Median Sale Price
$195,000 Latest week
• $400,000 Previous week
Percent of Original Asking Price
94.7% Latest week
• Upward Trend
Listings With Price Cuts
100.0% Latest week
• Upward Trend
Days to Pending
42 Latest week
• Downward Trend
New Pending Sales
1 Latest week
• Upward Trend
Pending in Three Days
0.0% Latest week
• Flat Trend
Active Listings
2 Latest week
• Downward Trend
How 47940 compares to nearby markets
See full mapHotter than 4 of 4 nearby markets, ranked by market heat.
