Tour
$4,749 Closing Credit¹
#202512706, Lynda Slate, Listing Office: RE/MAX Acclaimed Properties
47581 Housing Market Report March 2025•Martin County, Indiana
Housing Prices in 47581, IN
How much do homes in 47581, IN cost?
Housing Market Conditions
Is 47581, IN a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
47581 is a Seller's Market
Difference Since February 2025
Last month, 47581 was a Buyer's Market.
Insight
47581 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$106,790$83/SqFt
-$268,210
-71.5%
Based on all homes sold in March 2025
Insight
Homes in 47581 have sold for 71.5% less than they did a month ago.
Summary: The median home sold price in 47581 was $106,790 in March 2025, down 71.5% from last month, and the median price per square foot was $83.
Median Sold Price By Zip Codes
| City | Feb 2025 | Mar 2025 | Change MoM |
|---|---|---|---|
| 47553 | $185K | $182.4K | -1.4% |
| 47581 | $375K | $106.7K | -71.5% |
Median Sold Price By Bedrooms
| Beds | Feb 2025 | Mar 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | - | $65K | N/A |
| 33 Bedrooms | $375K | $106.7K | -71.5% |
| 44 Bedrooms | - | $283K | N/A |
| 55+ Bedrooms | - | - | N/A |
Summary: 47581 housing price by bedroom type for March 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 decreased by -71.5%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.
How does 47581, IN compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
47581, IN
Housing supply in 47581, IN
How many homes are available in 47581, IN?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 16Last MonthMar 2025 | ||
| 172 months agoFeb 2025 | -5.9 % Change MoMFeb – Mar |
Summary: The 47581 real estate market had 16 homes for sale in Mar 2025, a 5.9 % decrease compared to Feb 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 5Last MonthMar 2025 | ||
| 12 months agoFeb 2025 | +400.0 % Change MoMFeb – Mar |
Homes For Sale By Bedroom Count
| Beds | Feb 2025 | Mar 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 2 | 2 | 0.0% |
| 33 Bedrooms | 11 | 10 | -9.1% |
| 44 Bedrooms | 3 | 3 | 0.0% |
| 55+ Bedrooms | 1 | 1 | 0.0% |
Summary: 47581 housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes decreased 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 47581, IN cost?
Over Asking Price1 Home
At Asking Price0 Home
Under Asking Price3 Homes
Insight
If you're buying a home in 47581, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in 47581 in March 2025, up by 400.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and and 25% were sold over asking.
Days on Market for 47581, IN
We’re sorry, we don't have information for this market at the moment.
Home sale times aren’t available for this area.
Connect With An Agent
Local real estate agents are ready to help you find a home here
Sell My Home
Sell your home with an expert or get the job done on your own.
Get Approved
Get a customizable mortgage solution based on today's rates.
Newest Listings in 47581, IN
What homes are available in 47581, IN?
Tour
$2,838 Closing Credit¹
#202512201, Patti Sanders, Listing Office: Key Associates Realty Group
Tour
#202506698, Zach Holt, Listing Office: Whitetail Properties Real Estate
Tour
$1,900 Closing Credit¹
#202506344, Kayla Burgi, Listing Office: RE/MAX Acclaimed Properties
Tour
$6,519 Closing Credit¹
#202504442, Adam Grimes, Listing Office: Home & Harvest Properties LLC
Tour
$2,969 Closing Credit¹
#202503301, Patti Sanders, Listing Office: Key Associates Realty Group
Tour
$5,890 Closing Credit¹
#202445584, Matthew Corey, Listing Office: Williams Carpenter Realtors
#202437725, Jake Mauntel, Listing Office: American Dream Mauntel Realty
Tour
#202428303, Zach Holt, Listing Office: Whitetail Properties Real Estate
Tour
$4,986 Closing Credit¹
#202411088, Zach Holt, Listing Office: Whitetail Properties Real Estate
Tour
$8,905 Closing Credit¹
#202419078, Zach Holt, Listing Office: Whitetail Properties Real Estate
Tour
#201822398, Patti Sanders, Listing Office: Key Associates Realty Group
Popular Cities with Homes for Sale in Indiana
- Homes for sale in Anderson, IN
- Homes for sale in Bedford, IN
- Homes for sale in Bloomington, IN
- Homes for sale in Carmel, IN
- Homes for sale in Columbus, IN
- Homes for sale in Elkhart, IN
- Homes for sale in Evansville, IN
- Homes for sale in Fishers, IN
- Homes for sale in Fort Wayne, IN
- Homes for sale in Granger, IN
- Homes for sale in Greenfield, IN
- Homes for sale in Greenwood, IN
- Homes for sale in Indianapolis, IN
- Homes for sale in Kokomo, IN
- Homes for sale in Lafayette, IN
- Homes for sale in Muncie, IN
- Homes for sale in Noblesville, IN
- Homes for sale in Plainfield, IN
- Homes for sale in South Bend, IN
- Homes for sale in Terre Haute, IN
- Homes for sale in Westfield, IN
MLS Disclaimers and Copyright
Based on information from Indiana Regional MLS, for the period 02/01/2025 - 04/01/2025
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: 4/29/2025, 7:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.