Market Snapshot

47940

Real-time leading indicators • updated weekly  Full dashboard

More competitive than 87% of Indiana ZIP codes, but too few sales to tell the trend vs last year. Too noisy to tell apart from Montgomery County, which is heating up. New listings stand out: down 34% vs flat.

Indiana Market Index

-100

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: 8 pending contracts in 13 weeks.

Jun 2025Nov 2026
Pending contracts, vs last year+4%
New listings, vs last year-34%
Days on market, vs last year103% slower
Sale-to-list price, vs last year-1.4 pts
Montgomery County

This week's storylines

Real-time market profile

Median List Price

$154,950 Latest week
• Upward Trend

Median Sale Price

$425,000 Latest week
• $225,000 Previous week

Percent of Original Asking Price

100.0% Latest week
• Flat Trend

Listings With Price Cuts

33.3% Latest week
• Downward Trend

Days to Pending

2 Latest week
• Downward Trend

New Pending Sales

1 Latest week
• Flat Trend

Pending in Three Days

100.0% Latest week
• Upward Trend

Active Listings

5 Latest week
• Flat Trend

How 47940 compares to nearby markets

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More competitive than 4 of 5 nearby markets, ranked by market competition.

Market Competition DOM Sale-to-list
47933 94% 24 96%
47940 you 87% 11 100%
46071 54% 16 96% 47930 52% 51 N/A 46035 44% N/A 118% 47955 22% 81 N/A

This week's storylines

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