1 hour on Rocket
#202508282, Chad Chism, Listing Office: Keller Williams Lafayette
47591 Housing Market Report February 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 Buyer's Market
Difference Since January 2025
Last month, 47591 was a Neutral Market.
Insight
47591 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$115,000$78/SqFt
+$12,000
+11.7%
Based on all homes sold in February 2025
Insight
Homes in 47591 have sold for 11.7% more than they did a month ago.
Summary: The median home sold price in 47591 was $115,000 in February 2025, up 11.7% from last month, and the median price per square foot was $78.
Median Sold Price By Zip Codes
| City | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 62439 | $56.5K | $91.5K | +61.9% |
| 47591 | $103K | $115K | +11.7% |
Median Sold Price By Bedrooms
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $100K | $105K | +5.0% |
| 33 Bedrooms | $129K | $123.5K | -4.3% |
| 44 Bedrooms | $185K | $228.5K | +23.5% |
| 55+ Bedrooms | - | - | N/A |
Summary: 47591 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 increased by +5.0%. The home price for 3 bedroom homes decreased by -4.3%. The home price for 4 bedroom homes increased by +23.5%. The home price for 5 bedroom homes did not change.
How does 47591, IN compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
47591, IN
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 |
|---|---|---|
| 84Last MonthFeb 2025 | ||
| 752 months agoJan 2025 | +12.0 % Change MoMJan – Feb |
Summary: The 47591 real estate market had 84 homes for sale in Feb 2025, a 12.0 % increase compared to Jan 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 12Last MonthFeb 2025 | ||
| 122 months agoJan 2025 | 0.0 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 1 | 1 | 0.0% |
| 22 Bedrooms | 21 | 19 | -9.5% |
| 33 Bedrooms | 36 | 43 | +19.4% |
| 44 Bedrooms | 14 | 16 | +14.3% |
| 55+ Bedrooms | 3 | 5 | +66.7% |
Summary: 47591 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 -9.5%. The inventory for 3 bedroom homes increased by +19.4%. The inventory for 4 bedroom homes increased by +14.3%. The inventory for 5 bedroom homes increased by +66.7%.
Asking Price vs. Sold Price
How much do homes in 47591, IN cost?
Over Asking Price1 Home
At Asking Price4 Homes
Under Asking Price4 Homes
Insight
If you're buying a home in 47591, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in 47591 in February 2025, the same as the previous month. Of the 9 sold homes, 44% were sold under asking, 44% were sold at asking, and and 11% 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.
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Newest Listings in 47591, IN
What homes are available in 47591, IN?
1 hour on Rocket
#202508277, Mary Clayton, Listing Office: F.C. TUCKER EMGE
1 day on Rocket
$10,000 Closing Credit¹
#202508042, Kristin Haire, Listing Office: Key Associates Signature Realty
2 days on RocketVideo tour
$1,543 Closing Credit¹
#202507757, Jade Montgomery, Listing Office: F.C. TUCKER EMGE
2 days on RocketVideo tour
$2,136 Closing Credit¹
#202507725, John Witshork, Listing Office: KLEIN RLTY&AUCTION, INC.
2 days on RocketVideo tour
$3,264 Closing Credit¹
#202507717, Tyler Simmons, Listing Office: KLEIN RLTY&AUCTION, INC.
7 days on RocketVideo tour
$1,651 Closing Credit¹
#202507039, Darwin Fleagle, Listing Office: Home & Harvest Properties LLC
Video tour
$3,497 Closing Credit¹
#202506978, Lori Cardinal, Listing Office: RE/MAX Mainstream
Video tour
$1,758 Closing Credit¹
#202506602, Beth Chattin, Listing Office: F.C. TUCKER EMGE
Video tour
$1,663 Closing Credit¹
#202506482, Tim Mason, Listing Office: RE/MAX REVOLUTION
Video tour
$7,066 Closing Credit¹
#202506110, Tyler Simmons, Listing Office: KLEIN RLTY&AUCTION, INC.
Video tour
$867 Closing Credit¹
#202506022, Joyce Buckels, Listing Office: KLEIN RLTY&AUCTION, INC.
Nearby markets
Nearby markets aren't available for 47591, IN
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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: 3/14/2025, 2:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.