New - 4 days on RocketVideo tour
$6,828 Closing Credit¹
#202503829, Colton Glaser, Listing Office: RE/MAX REVOLUTION
47591 Housing Market Report January 2025•Knox County, Indiana
Housing Prices in 47591, IN
How much do homes in 47591, IN cost?
Housing Market Conditions
Is 47591, IN a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
47591 is a Neutral Market
Difference Since December 2024
Last month, 47591 was a Seller's Market.
Insight
47591 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Median Sold Price
$103,000$99/SqFt
-$18,450
-15.2%
Based on all homes sold in January 2025
Insight
Homes in 47591 have sold for 15.2% less than they did a month ago.
Summary: The median home sold price in 47591 was $103,000 in January 2025, down 15.2% from last month, and the median price per square foot was $99.
Median Sold Price By Bedrooms
| Beds | Dec 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $61.5K | $100K | +62.5% |
| 33 Bedrooms | $142.5K | $129K | -9.5% |
| 44 Bedrooms | $220K | $185K | -15.9% |
| 55+ Bedrooms | - | - | N/A |
Summary: 47591 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 +62.5%. The home price for 3 bedroom homes decreased by -9.5%. The home price for 4 bedroom homes decreased by -15.9%. The home price for 5 bedroom homes did not change.
Housing supply in 47591, IN
How many homes are available in 47591, IN?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 78Last MonthJan 2025 | ||
| 852 months agoDec 2024 | -8.2 % Change MoMDec – Jan |
Summary: The 47591 real estate market had 78 homes for sale in Jan 2025, a 8.2 % decrease compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 12Last MonthJan 2025 | ||
| 202 months agoDec 2024 | -40.0 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 1 | 1 | 0.0% |
| 22 Bedrooms | 26 | 22 | -15.4% |
| 33 Bedrooms | 42 | 39 | -7.1% |
| 44 Bedrooms | 13 | 13 | 0.0% |
| 55+ Bedrooms | 3 | 3 | 0.0% |
Summary: 47591 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 decreased by -15.4%. The inventory for 3 bedroom homes decreased by -7.1%. 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 47591, IN cost?
Over Asking Price0 Home
At Asking Price3 Homes
Under Asking Price8 Homes
Insight
If you're buying a home in 47591, you may be able to get a good deal. 72.7% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in 47591 in January 2025, down by 40.0% month-over-month. Of the 11 sold homes, 73% were sold under asking, 27% were sold at asking, and and 0% were sold over asking.
Days on Market for 47591, 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 47591, IN
What homes are available in 47591, IN?
New - 4 days on RocketVideo tour
$5,878 Closing Credit¹
#202503824, Mary Clayton, Listing Office: F.C. TUCKER EMGE
New - 5 days on RocketVideo tour
$1,424 Closing Credit¹
#202503615, Robin Montgomery, Listing Office: F.C. TUCKER EMGE
New - 7 days on RocketVideo tour
$1,780 Closing Credit¹
#202503357, John Witshork, Listing Office: KLEIN RLTY&AUCTION, INC.
Video tour
$1,900 Closing Credit¹
#202503300, Chelsea Meeks, Listing Office: Meeks Real Estate Inc.
Video tour
#202503128, Connor Klein, Listing Office: KLEIN RLTY&AUCTION, INC.
Video tour
$711 Closing Credit¹
#202502702, Nanette Grumieaux, Listing Office: HEARTLAND RE
Video tour
#202502558, Vanessa Purdom, Listing Office: F.C. TUCKER EMGE
Video tour
$2,791 Closing Credit¹
#202501919, Tyler Simmons, Listing Office: KLEIN RLTY&AUCTION, INC.
Video tour
$1,710 Closing Credit¹
#202501214, Phil Corrona, Listing Office: Fathom Realty IN, LLC
Video tour
$3,076 Closing Credit¹
#202501023, Shannon Kendle, Listing Office: Key Associates Signature Realty
Video tour
$3,086 Closing Credit¹
#202500247, Beth Hicks, Listing Office: KLEIN RLTY&AUCTION, INC.
Nearby markets
Nearby markets aren't available for 47591, IN
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 12/01/2024 - 02/01/2025
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: 2/11/2025, 6:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.