#202504184, Rebecca Rush, Listing Office: BerkshireHathaway HS IN Realty
47904 Housing Market Report January 2025•Tippecanoe County, Indiana
Housing Prices in 47904, IN
How much do homes in 47904, IN cost?
Housing Market Conditions
Is 47904, IN a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
47904 is a Seller's Market
Difference Since December 2024
Last month, 47904 has remained a Seller's Market.
47904 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in January 2025
Homes in 47904 have sold for 7.8% less than they did a month ago.
Summary: The median home sold price in 47904 was $172,500 in January 2025, down 7.8% from last month, and the median price per square foot was $140.
Median Sold Price By Bedrooms
Beds | Dec 2024 | Jan 2025 | Change YoY |
---|---|---|---|
11 Bedroom | - | - | N/A |
22 Bedrooms | - | $168K | N/A |
33 Bedrooms | $166K | $176.5K | +6.3% |
44 Bedrooms | $137.5K | $249.9K | +81.7% |
55+ Bedrooms | $310K | - | N/A |
Summary: 47904 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 did not change. The home price for 3 bedroom homes increased by +6.3%. The home price for 4 bedroom homes increased by +81.7%. The home price for 5 bedroom homes did not change.
Housing supply in 47904, IN
How many homes are available in 47904, IN?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
40Last MonthJan 2025 | ||
412 months agoDec 2024 | -2.4 % Change MoMDec – Jan |
Summary: The 47904 real estate market had 40 homes for sale in Jan 2025, a 2.4 % decrease compared to Dec 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
16Last MonthJan 2025 | ||
122 months agoDec 2024 | +33.3 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
Beds | Dec 2024 | Jan 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 1 | 2 | +100.0% |
22 Bedrooms | 10 | 11 | +10.0% |
33 Bedrooms | 19 | 17 | -10.5% |
44 Bedrooms | 8 | 8 | 0.0% |
55+ Bedrooms | 3 | 2 | -33.3% |
Summary: 47904 housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +100.0%. The inventory for 2 bedroom homes increased by +10.0%. The inventory for 3 bedroom homes decreased by -10.5%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes decreased by -33.3%.
Asking Price vs. Sold Price
How much do homes in 47904, IN cost?
Over Asking Price3 Homes
At Asking Price7 Homes
Under Asking Price6 Homes
If you're buying a home in 47904, expect to pay close to the asking price. 43.8% of homes here sold near the asking price last month.
Summary: A total of 16 homes were sold or pending in 47904 in January 2025, up by 33.3% month-over-month. Of the 16 sold homes, 38% were sold under asking, 44% were sold at asking, and and 19% were sold over asking.
Days on Market for 47904, IN
How long does it take to sell a home in 47904, IN?
Breakdown of Home Sale Times
Under 30 Days1 Home
30 – 90 Days0 Home
Over 90 Days0 Home
Many homes in 47904 are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 16 homes were sold in 47904; 6% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
Last Month | 1 month ago | Change MoM |
---|---|---|
3 DaysLast MonthJan 2025 | ||
0 Days1 month agoDec 2024 | 0.0 % Change MoMDec – Jan |
Summary: Homes in 47904 had an average listing age of 3 days in Jan 2025, down by .0% compared to the previous month.
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Newest Listings in 47904, IN
What homes are available in 47904, IN?
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MLS Disclaimers and Copyright
Based on information from Indiana Regional MLS, for the period 12/01/2024 - 02/01/2025
![IDX](https://rocket.com/homes/mls-logos/IDX_299.png)
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/10/2025, 9:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.