New - 3 days on RocketVideo tour
$1,247 Closing Credit¹
#202506426, Darlene Carr, Listing Office: F.C. TUCKER EMGE
47720 Housing Market Report February 2025•Vanderburgh County, Indiana
Housing Prices in 47720, IN
How much do homes in 47720, IN cost?
Housing Market Conditions
Is 47720, IN a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
47720 is a Seller's Market
Difference Since January 2025
Last month, 47720 was a Neutral Market.
Insight
47720 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$235,000$120/SqFt
+$3,150
+1.4%
Based on all homes sold in February 2025
Insight
Homes in 47720 have sold for 1.4% more than they did a month ago.
Summary: The median home sold price in 47720 was $235,000 in February 2025, up 1.4% from last month, and the median price per square foot was $120.
Median Sold Price By Bedrooms
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | $129K | - | N/A |
| 22 Bedrooms | - | $235K | N/A |
| 33 Bedrooms | $231.8K | $142K | -38.8% |
| 44 Bedrooms | $430K | $294.9K | -31.4% |
| 55+ Bedrooms | - | - | N/A |
Summary: 47720 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 decreased by -38.8%. The home price for 4 bedroom homes decreased by -31.4%. The home price for 5 bedroom homes did not change.
Housing supply in 47720, IN
How many homes are available in 47720, IN?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 33Last MonthFeb 2025 | ||
| 242 months agoJan 2025 | +37.5 % Change MoMJan – Feb |
Summary: The 47720 real estate market had 33 homes for sale in Feb 2025, a 37.5 % increase compared to Jan 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 6Last MonthFeb 2025 | ||
| 42 months agoJan 2025 | +50.0 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 55+ Bedrooms | 3 | 4 | +33.3% |
| 11 Bedroom | 2 | 1 | -50.0% |
| 22 Bedrooms | 6 | 7 | +16.7% |
| 33 Bedrooms | 9 | 16 | +77.8% |
| 44 Bedrooms | 4 | 5 | +25.0% |
Summary: 47720 housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 5 bedroom homes increased by +33.3%. The inventory for 1 bedroom homes decreased by -50.0%. The inventory for 2 bedroom homes increased by +16.7%. The inventory for 3 bedroom homes increased by +77.8%. The inventory for 4 bedroom homes increased by +25.0%.
Asking Price vs. Sold Price
How much do homes in 47720, IN cost?
Over Asking Price1 Home
At Asking Price2 Homes
Under Asking Price2 Homes
Insight
If you're buying a home in 47720, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in 47720 in February 2025, up by 50.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and and 20% were sold over asking.
Days on Market for 47720, 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 47720, IN
What homes are available in 47720, IN?
New - 4 days on RocketVideo tour
$4,002 Closing Credit¹
#202506237, Drew Mathews, Listing Office: F.C. TUCKER EMGE
Video tour
$2,244 Closing Credit¹
#202505714, Mindy Word, Listing Office: F.C. TUCKER EMGE
Backup offersVideo tour
$2,601 Closing Credit¹
#202505001, Stephanie Helfrich-Freeman, Listing Office: HELFRICH REALTY CO
Video tour
$5,700 Closing Credit¹
#202504765, Katie Ritter, Listing Office: @properties
Video tour
#202503972, Angie McGee, Listing Office: F.C. TUCKER EMGE
Video tour
$3,503 Closing Credit¹
#202503737, Miranda Molinet, Listing Office: KELLER WILLIAMS CAPITAL REALTY
Video tour
$4,750 Closing Credit¹
#202503579, Jeremy Outlaw, Listing Office: Catanese Real Estate
Video tour
$3,147 Closing Credit¹
#202502067, Trae Dauby, Listing Office: Dauby Real Estate
Video tour
$1,959 Closing Credit¹
#202444933, Jeremy Kempf, Listing Office: HELFRICH REALTY CO
Video tour
$3,788 Closing Credit¹
#202443443, Mitchell Berry, Listing Office: Key Associates Signature Realty
Video tour
$2,613 Closing Credit¹
#202442314, Aaron Luttrull, Listing Office: Schuler Bauer Real Estate
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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: 3/4/2025, 10:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.