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Indiana Real Estate and Property Listings for Sale

Houses For Sale In
47948

Discover your ideal houses in 47948 with ez Home Search. We offer 5 carefully selected listings to match your unique lifestyle and preferences. Immerse yourself in detailed property information, stunning high-resolution images, and interactive 3D virtual tours that bring each home to life. Our comprehensive tools, including personalized property value estimates, mortgage calculators, and refinance assessments, empower you to make informed decisions whether you're seeking a new home or investment opportunity. Create your free account today to unlock exclusive features and stay ahead with instant updates on new listings that match your criteria. Explore all real estate and properties for sale in 47948.
5 Available Listings

Browse our selection of 5 homes for sale in 47948. Our curated catalog features the latest listings, and our website provides you with all the resources you need to make an informed purchase decision. You will find high-quality home photos, detailed listing descriptions, 3D tours, maps, and relevant community information.

As you delve into the detailed listings, you can save your favorite homes for sale in 47948, review their latest estimated valuation, and use our mortgage calculator to project monthly mortgage payments, taxes, fees, and insurance. Have a question about a property or the area? Simply ask a question, and our vetted local partner will get back to you.

For personalized financing options and info, complete our contact form to speak with a lender about your financing options, get pre-qualified for a mortgage, or get more information about what is possible.

But why stop at virtual browsing? Schedule an in-person or video-chat tour with a local agent to see your potential new home in 47948 firsthand. Contact a professional real estate agent for further details, inquire about a property's availability, or express your interest in making an offer.

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47948 Housing Market Trends

In 47948, the real estate market currently features 4 homes for sale. Additionally, 0 homes are under contract and poised to close soon. The recent sales data shows that home sales in 47948 have an average sale price of $112,088 and an average cost per square foot of $64. On average, homes in 47948 typically spend about 82 days on the market before being sold.

The home market in 47948 presents a wide array of pricing options, ranging from the most budget-friendly home for sale in 47948 priced at $0 to the highest-valued residence listed for $0. This variety caters to homebuyers with different financial situations and preferences, ensuring everyone can find a home that meets their needs.

47948 Market Snapshot
Active Listings 5
Pending Sales 0
Average Sale Price $112,088
Average Price Per Sq. Ft. $64
Days on the Market 82
Last year's home sales 13
Months of supply 0.0

Homes For Sale in 47948: Summary/Overview

Find your dream home in the heart of 47948. ez Home Search updates listings every minute to give you a wide array of properties across Newton County, spanning 5 distinct zip codes.

Prospective homebuyers in the 47948 real estate market have various options to suit their various preferences, from construction date and square footage to lot size, design, and the number of stories. Homes in 47948 vary widely in construction date, ranging from as early as 1875 to as recent as 1939, with the majority constructed in 1875. Sizes of homes also vary considerably, from compact units starting at 0 Sq Ft to spacious estates reaching up to 0 Sq Ft.

Lot sizes in 47948 cater to a broad spectrum of preferences, from manageable plots of 0.0 acres that are perfect for those seeking a low-maintenance lifestyle to large estates spanning up to 0.0 acres, ideal for extensive outdoor activities and ambitious landscaping projects.

The architectural styles and structural designs in 47948 are equally varied, with Traditional being the predominant style across 1 listings. In terms of structure, most properties are 1 story homes featured in 5 homes for sale.

For those considering the financial aspects of homeownership, the range of Homeowners' Association (HOA) fees in 47948 varies from $0.0 to $0.0, with 4 properties exempt from these fees. This comprehensive range ensures that prospective homebuyers like yourself can find a home for sale that fits their lifestyle and budget in 47948.

Homes in Nearby Zip Codes

Frequently Asked Questions

How many homes are for sale in 47948?

There are 5 homes for sale in 47948. More active homes usually means better selection and a little more time to compare before you offer.

What is the median list price of homes in 47948?

The median list price is $191,750. Median is a clearer "typical" price than average because extreme outliers—like a few luxury estates at the top or a few short sales/fixers at steep discounts—don't pull it up or down as much.

What is the average list price of homes in 47948?

The average list price is $209,625. Compare average vs. median to read the market's "tilt": when average is higher than median, upper-end homes are likely lifting the market; when average is lower than median, more lower-priced or discounted homes may be in the mix. A big gap in either direction usually means the current inventory is skewed.

What is the median price per square foot for homes in 47948?

Homes list at a median $100 per sq ft in 47948. Price-per-foot helps you compare value across neighborhoods and renovations; newer or recently updated homes often sit above the median.

How long do homes typically stay on the market in 47948?

The median days on market (DOM) is 63 days. Shorter DOM signals stronger demand—expect quicker tours and faster decisions when DOM is low; longer DOM often means you can compare more and negotiate.

What is the housing months of supply for homes in 47948?

Months of supply (MOS) is 0.0. MOS estimates how long it would take to sell all current listings at the recent sales pace if no new homes were listed. As a rule of thumb, 3–6 MOS is balanced; below 3 tends to favor sellers (move fast, expect competition), while above 6 can give buyers more leverage and time.

How many homes sold in the last 12 months in 47948?

13 homes sold over the last 12 months. Viewed together with MOS, this gives you a clear read on demand versus supply and helps your ez Home Search partner agent guide you to the best options and strategy.

How many new home listings came on the market in the last 7 and 30 days in 47948?

0 new listings in the past 7 days and 0 in the past 30 days. Frequent new listings mean fresh choices appear often; slower weeks suggest acting quickly when the right home appears.

How many home listings had a price reduction in the last 30 days in 47948?

0 listings reduced price in the last 30 days. Price cuts can signal sellers aligning to demand—use them to spot improving values or timing for offers.

What is the median home size for homes for sale in 47948?

The median interior size is 1,680 sq ft. This tells you the "typical" amount of living space you'll see at common price points, which helps you set expectations for rooms and layout before touring.

What is the median lot size for homes for sale in 47948?

The median lot size is 0.47 acres. Closer-in neighborhoods usually have smaller lots; farther out you'll often find more land—compare lot size alongside price-per-foot to balance yard space and interior space.

How many one-story vs. two-story homes are for sale in 47948?

About 0% one-story, 0% two-story, and 0% three-plus-story homes are active. Single-story homes are often in tighter supply and attract buyers who want fewer stairs, which can lead to quicker sales and firmer pricing when demand is strong.

What is the median year built for homes for sale in 47948?

The median year built among active homes is 1887. Newer homes typically offer modern systems and energy efficiency; older homes may offer larger lots and classic details, though some may need updates—factor both into your budget and timeline.

Which neighborhoods currently have the most homes for sale in 47948?

You'll find the most active homes for sale in the Colborns Add, Crieders Add to Goodland, Tichenors Add communities. Starting your search there usually gives you more options in a single tour.

What is the typical monthly HOA for homes for sale in 47948?

The median HOA is $0 per month (where applicable). HOA dues affect your monthly affordability and loan qualification—use our mortgage calculator to see the full picture.

How much do you need to make to afford a home in 47948?

The median home price in 47948 is $191,750. With a 20% down payment ($38,350) and a 30-year fixed at 7.0%, the estimated principal-and-interest (P&I) payment is $1,020/month (plus property taxes, homeowners insurance, HOA dues, PMI if required, and utilities). Based on the 28/36 guideline for housing costs—where total housing expenses should be about 28% to 36% of your gross income—you'd want a household income of roughly $43,738 to $34,019 per year. Use our pre-approval form to know exactly what you qualify for and to be able to make a stronger offer.

How are the schools near homes for sale in 47948?

Many homes in 47948 are served by well-rated public and private schools; check each listing's school panel for boundary notes and current ratings, then compare nearby options as you narrow neighborhoods.

Homes For Sale in 47948: Basic Features

Discover the essential features of homes for sale in 47948 with our detailed listings. Whatever your preferences in size or style, each property offers a range of foundational amenities to enhance your living experience.

Homes For Sale in 47948: Interior Features
Properties with Fireplaces in 47948
Homes with 1 fireplace 1
Homes with 2 fireplaces 0
Homes with 3+ fireplaces 0
Homes with no fireplaces 0
Popular Security Features in 47948
Homes For Sale in 47948: Exterior Features
Popular Roof Types in 47948
Metal 0
Wood 0
Concrete 0
Tiles 0
Slate Roofing 0
Asphalt Shingle 1
Composite Material 0
Membrane Roofing 0
Shingles 3
Waterfront Properties in 47948
Patio and Porch Features of Homes for Sale in 47948
Garage Spaces of Homes for Sale in 47948
Homes For Sale in 47948: Listing Overview
47948 Homes Listing Overview
Active Homes Listings in 47948 5
Homes Listings Under Contract in 47948 0
Price-Reduced Homes Listings in 47948 0
Recently Sold Homes in 47948 13

Homes For Sale in 47948: Demographic Data

Family Composition in 47948
Families with children 11.85%
Families without children 35.24%
Gender in 47948
Male 51.22%
Female 48.78%
Population by Age in 47948
Under 18 18.59%
18-64 59.79%
65 and over 21.62%
Marital Status by Gender in 47948
Never Married Male 28.56% / Female 27.54%
Now Married Male 49.76% / Female 46.67%
Divorced Male 12.81% / Female 17.06%
Widowed Male 8.86% / Female 8.74%
Occupied VS. Vacant Units in 47948
Occupied 557
Vacant 65
Ownership of Occupied Units in 47948
Owner Occupied 460
Renter Occupied 97
Population by Education Level in 47948
No Degree 73.71%
Some High School 10.37%
High School 47.45%
Some College 19.38%
Associates 7.69%
Bachelors 11.66%
Post-grad 6.300000000000001%
Population of Veterans in 47948
Veterans 10.83%
Create an account today to unlock benefits like:
  • Saving your favorite homes for sale in 47948.
  • Email 47948 home listings to your friends and family.
  • Set up a saved search to receive email alerts for new listings in 47948.

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