47246 Zip Code Real Estate Market Extends Weakness in Price Cuts

Sales in the 47246 zip code market rose to five homes sold over the past 30 days, even though the number of sellers reducing their listing price is still in the midst of a downward trend with two price reductions in the same time frame. All indications show that the trend may be coming to an end, meaning more price reductions over the next few weeks. The median sales price rose to $79,000, and there are a fairly average four months of inventory left to be sold.

If a home with lots of bedrooms is what you want, then be sure to take a look at these listings in the 47246 zip code:

$349K   $209K   $135K  

Get started right now by checking out 47246 homes for sale or reviewing 47246 real estate trends.

Demographic facts for the 47246 zip code:

  • The median age of all homes in the area is 39 years old.
  • This area usually gets 14.1 inches of snow each year. (U.S. average: 25)
  • This area has an anticipated job growth rating of 55. (Scale: 1 = Worst, 100 = Best)
  • The average expenditures for each student in the area is $4,017. ($5,691 = national average)

Data reported through 10/12/2016

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