Market Snapshot

47987

Real-time leading indicators • updated weekly  Full dashboard

Homes are listing at $125,000 on average, and half go under contract in 8 days. They sell for 103.9% of their original asking price.

54

Much hotter than average

Hotter than 99% of Indiana zip code markets • Ranked #2 of 633  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 heat54
CoolerHotter
Days on marketN/A
Sale-to-list price104%
Pendings-to-listingsN/A

This week's storylines

Real-time market profile

Median List Price

$125,000 Latest week
• Downward Trend

Median Sale Price

$160,000 Latest week
• $173,000 Previous week

Percent of Original Asking Price

103.9% Latest week
• Upward Trend

Listings With Price Cuts

33.3% Latest week
• Downward Trend

Days to Pending

8 Latest week
• Downward Trend

New Pending Sales

0 Latest week
• Downward Trend

Pending in Three Days

0.0% Latest week
• Flat Trend

Active Listings

3 Latest week
• Upward Trend

How 47987 compares to nearby markets

See full map

Hotter than 4 of 4 nearby markets, ranked by market heat.

Market Heat DOM Sale-to-list
47987 you 54 N/A 104%
47990 39 3 N/A 47932 35 20 98% 47994 14 19 N/A 47918 -21 27 88%

Put this market to work

Ask Spark about this market “What's driving the recent listing price trend in 47987?”