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47631 Housing Market Report June 2025•Posey County, Indiana

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Housing Prices in 47631, IN

How much do homes in 47631, IN cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$163,500$137/SqFt
-$63,700
-28.0%

Based on all homes listed in June 2025

Insight

The list price of homes in 47631 has decreased by 28% since May.

Summary: The median home list price in 47631 was $163,500 in June 2025, down 28% from the previous month, and the median price per square foot was $137.

Median List Price By Zip Codes

Median List Price By Zip Codes
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange MoM
47638
+41.8%
47616
0.0%
47633
-14.5%
47631
-28.0%

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsMay 2025Jun 2025Change MoM
1--
N/A
2$167.2K$151.7K
-9.3%
3-$125K
N/A
4$269.9K$269.9K
0.0%
5--
N/A

Summary: 47631 housing price by bedroom type for June 2025, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -9.3%. 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 47631, IN compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

47631, IN

Housing supply in 47631, IN

How many homes are available in 47631, IN?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
7Last MonthJun 2025
42 months agoMay 2025
+75.0 %
Change MoMMay – Jun

Summary: The 47631 real estate market had 7 homes for sale in Jun 2025, a 75.0 % increase compared to May 2025.

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsMay 2025Jun 2025Change MoM
100
0.0%
224
+100.0%
301
+100.0%
422
0.0%
500
0.0%

Summary: 47631 housing inventory by bedroom type for June 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +100.0%. The inventory for 3 bedroom homes increased by +100.0%. 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 47631, IN cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price2 Homes

At Asking Price1 Home

Under Asking Price1 Home

Insight

If you're buying a home in 47631, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in 47631 in June 2025, up by 100.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and and 50% were sold over asking.

Days on Market for 47631, IN

How long does it take to sell a home in 47631, IN?

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
Last Month1 month agoChange MoM
27 DaysLast MonthJun 2025
31 Days1 month agoMay 2025
-11.8 %
Change MoMMay – Jun

Summary: Homes in 47631 had an average listing age of 27 days in Jun 2025, down by 11.8% compared to the previous month.

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Newest Listings in 47631, IN

What homes are available in 47631, IN?

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Nearby markets

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MLS Disclaimers and Copyright

Based on information from Indiana Regional MLS, for the period 05/01/2025 - 07/01/2025

IDX 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: 7/29/2025, 6:45:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.