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47118 Housing Market Report July 2025•Crawford County, Indiana

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Housing Prices in 47118, IN

How much do homes in 47118, IN cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$242,450$136/SqFt
-$37,000
-13.2%

Based on all homes listed in July 2025

Insight

The list price of homes in 47118 has decreased by 13.2% since June.

Summary: The median home list price in 47118 was $242,450 in July 2025, down 13.2% from the previous month, and the median price per square foot was $136.

Median List Price By Zip Codes

Median List Price By Zip Codes
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange MoM
47175
0.0%
47116
0.0%
47118
-13.2%

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsJun 2025Jul 2025Change MoM
1$229.4K$229.4K
0.0%
2$115K$107K
-7.0%
3$322.4K$259.9K
-19.4%
4--
N/A
5$624.9K$624.9K
0.0%

Summary: 47118 housing price by bedroom type for July 2025, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -7.0%. The home price for 3 bedroom homes decreased by -19.4%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.

How does 47118, IN compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

47118, IN

Housing supply in 47118, IN

How many homes are available in 47118, IN?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
8Last MonthJul 2025
62 months agoJun 2025
+33.3 %
Change MoMJun – Jul

Summary: The 47118 real estate market had 8 homes for sale in Jul 2025, a 33.3 % increase compared to Jun 2025.

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsJun 2025Jul 2025Change MoM
122
0.0%
212
+100.0%
323
+50.0%
400
0.0%
511
0.0%

Summary: 47118 housing inventory by bedroom type for July 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +100.0%. The inventory for 3 bedroom homes increased by +50.0%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in 47118, IN cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price0 Home

At Asking Price0 Home

Under Asking Price2 Homes

Insight

If you're buying a home in 47118, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 47118 in July 2025, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.

Days on Market for 47118, IN

How long does it take to sell a home in 47118, IN?

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
Last Month1 month agoChange MoM
57 DaysLast MonthJul 2025
47 Days1 month agoJun 2025
+21.1 %
Change MoMJun – Jul

Summary: Homes in 47118 had an average listing age of 57 days in Jul 2025, up by 21.1% compared to the previous month.

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Newest Listings in 47118, IN

What homes are available in 47118, IN?

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MLS Disclaimers and Copyright

Based on information from Indiana Regional MLS, for the period 06/01/2025 - 08/01/2025

IDX The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2011-2025 Indiana Regional MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 8/3/2025, 4:45:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.