#202503351, Paul Faddis, Listing Office: Tarter Realty Auction and Appraisal Company
47394 Housing Market Report January 2025•Randolph County, Indiana
Housing Prices in 47394, IN
How much do homes in 47394, IN cost?
Housing Market Conditions
Is 47394, IN a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
47394 is a Seller's Market
Difference Since December 2024
Last month, 47394 was a Buyer's Market.
47394 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in January 2025
Homes in 47394 have sold for 80% more than they did a month ago.
Summary: The median home sold price in 47394 was $126,000 in January 2025, up 80% from last month, and the median price per square foot was $92.
Median Sold Price By City
City | Dec 2024 | Jan 2025 | Change YoY |
---|---|---|---|
47394 | $70K | $126K | +80.0% |
47380 | $38K | $55K | +44.7% |
47390 | $329.9K | $80K | -75.8% |
Median Sold Price By Bedrooms
Beds | Dec 2024 | Jan 2025 | Change YoY |
---|---|---|---|
11 Bedroom | - | - | N/A |
22 Bedrooms | $70K | $85K | +21.4% |
33 Bedrooms | $150K | $147K | -2.0% |
44 Bedrooms | - | $134K | N/A |
55+ Bedrooms | - | - | N/A |
Summary: 47394 housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +21.4%. The home price for 3 bedroom homes decreased by -2.0%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.
Housing supply in 47394, IN
How many homes are available in 47394, IN?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
25Last MonthJan 2025 | ||
232 months agoDec 2024 | +8.7 % Change MoMDec – Jan |
Summary: The 47394 real estate market had 25 homes for sale in Jan 2025, a 8.7 % increase compared to Dec 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
8Last MonthJan 2025 | ||
32 months agoDec 2024 | +166.7 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
Beds | Dec 2024 | Jan 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 0 | 0 | 0.0% |
22 Bedrooms | 5 | 6 | +20.0% |
33 Bedrooms | 11 | 12 | +9.1% |
44 Bedrooms | 6 | 6 | 0.0% |
55+ Bedrooms | 1 | 1 | 0.0% |
Summary: 47394 housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +20.0%. The inventory for 3 bedroom homes increased by +9.1%. 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 47394, IN cost?
Over Asking Price0 Home
At Asking Price0 Home
Under Asking Price8 Homes
If you're buying a home in 47394, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in 47394 in January 2025, up by 166.7% month-over-month. Of the 8 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.
Days on Market for 47394, IN
How long does it take to sell a home in 47394, IN?
Breakdown of Home Sale Times
Under 30 Days0 Home
30 – 90 Days1 Home
Over 90 Days0 Home
Avg time on Rocket Homes in 47394 has remained consistent over time.
Summary: During January 2025, 8 homes were sold in 47394; 0% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
Last Month | 1 month ago | Change MoM |
---|---|---|
62 DaysLast MonthJan 2025 | ||
232 Days1 month agoDec 2024 | -73.3 % Change MoMDec – Jan |
Summary: Homes in 47394 had an average listing age of 62 days in Jan 2025, down by 73.3% compared to the previous month.
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Newest Listings in 47394, IN
What homes are available in 47394, IN?
Nearby markets
Nearby markets aren't available for 47394, IN
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MLS Disclaimers and Copyright
Based on information from Indiana Regional MLS, for the period 12/01/2024 - 02/01/2025
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/6/2025, 11:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.