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$3,395 Closing Credit¹
#202502180, Debbie Foutch, Listing Office: Owen County Home Company
47431 Housing Market Report February 2025•Owen County, Indiana
Housing Prices in 47431, IN
How much do homes in 47431, IN cost?
Housing Market Conditions
Is 47431, IN a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
47431 is a Seller's Market
Difference Since January 2025
Last month, 47431 was a Neutral Market.
Insight
47431 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$130,000$98/SqFt
-$350,000
-72.9%
Based on all homes sold in February 2025
Insight
Homes in 47431 have sold for 72.9% less than they did a month ago.
Summary: The median home sold price in 47431 was $130,000 in February 2025, down 72.9% from last month, and the median price per square foot was $98.
Median Sold Price By Zip Codes
| City | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 47471 | $263K | $173.4K | -34.0% |
| 47431 | $480K | $130K | -72.9% |
Median Sold Price By Bedrooms
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $480K | - | N/A |
| 33 Bedrooms | - | $130K | N/A |
| 44 Bedrooms | - | - | N/A |
| 55+ Bedrooms | - | - | N/A |
Summary: 47431 housing price by bedroom type for February 2025, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes did not change. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.
How does 47431, IN compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
47431, IN
Housing supply in 47431, IN
How many homes are available in 47431, IN?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 5Last MonthFeb 2025 | ||
| 62 months agoJan 2025 | -16.7 % Change MoMJan – Feb |
Summary: The 47431 real estate market had 5 homes for sale in Feb 2025, a 16.7 % decrease compared to Jan 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 1Last MonthFeb 2025 | ||
| 12 months agoJan 2025 | 0.0 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 2 | 1 | -50.0% |
| 33 Bedrooms | 4 | 4 | 0.0% |
| 44 Bedrooms | 0 | 0 | 0.0% |
| 55+ Bedrooms | 0 | 0 | 0.0% |
Summary: 47431 housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -50.0%. The inventory for 3 bedroom homes remained the same. 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 47431, IN cost?
Over Asking Price0 Home
At Asking Price0 Home
Under Asking Price1 Home
Insight
If you're buying a home in 47431, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in 47431 in February 2025, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.
Days on Market for 47431, IN
How long does it take to sell a home in 47431, IN?
Breakdown of Home Sale Times
Under 30 Days0 Home
30 – 90 Days1 Home
Over 90 Days0 Home
Insight
Avg time on Rocket Homes in 47431 has remained consistent over time.
Summary: During February 2025, 1 homes were sold in 47431; 0% of homes were sold within 30 days, 100% 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 MonthFeb 2025 | ||
| 0 Days1 month agoJan 2025 | 0.0 % Change MoMJan – Feb |
Summary: Homes in 47431 had an average listing age of 62 days in Feb 2025, down by .0% compared to the previous month.
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Newest Listings in 47431, IN
What homes are available in 47431, IN?
Video tour
#202445526, Megan Somers Glenn, Listing Office: RE/MAX Acclaimed Properties
Video tour
#202445518, Megan Somers Glenn, Listing Office: RE/MAX Acclaimed Properties
Video tour
$5,937 Closing Credit¹
#202437869, Branddee Baker, Listing Office: American Dream Mauntel Realty
Backup offers
$2,969 Closing Credit¹
#202432351, Jeff Franklin, Listing Office: FC Tucker/Bloomington REALTORS
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MLS Disclaimers and Copyright
Based on information from Indiana Regional MLS, for the period 01/01/2025 - 03/01/2025
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: 3/15/2025, 2:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.