47320 Home Values & Market Trends
There are 9 homes currently listed for 47320. 47320 real estate market trends show that home prices range from $26,000 to $239,900, and the median sales price in the 47320 zip code is $151,617.27. The total number of properties sold within the past twelve months is 130. In 47320, 7 properties are in foreclosure, 1 are bank owned properties,and 0 are headed for auction.
47320 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Albany | $ 129,451 $ 76/sqft |
Housing Market Summary for 47320
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $122.5K | $157.6K | 28.70% |
| Median Sold Price | $150.3K | $157.6K | 4.88% |
| Homes For Sale | 12 | 9 | -25.00% |
| Homes Sold | 38 | 51 | 34.21% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in 47320
Browse Homes in 47320
The median list price of a home in Albany, is $151,617.27. A total of 9 properties are for sale, and the percentage of properties for sale in the zip code is 9.00%. The total count of 47320 properties is 1,574.
- Pre-ForeclosurePre-foreclosure homes account for 0.38% of all residential properties in 47320 with albany containing 6 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 47320; of that cities, the estimated home value for pre-foreclosure homes ranges from $323,056 in albany to the lowest home value of $59,677 in albany.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 47320 ranges from the highest value of $0 in albany to the lowest value of $0 in albany. Bank owned homes and properties account for 0.06% of properties in 47320. There is 1 cities within 47320; albany containing 1 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsN/A has 0 auction properties, the highest number of properties going to auction in a single city in the state of 47320. Auction homes and other auction properties account for 0% of all properties in 47320. There is 1 cities within 47320; of that cities, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
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Guide for 47320
The Albany real estate market from April 2023 to March 2024 showed a clear positive trend, with rising property values and sale prices offset by fluctuating property counts.
The real estate market in Indianapolis, Indiana has shown growth in property values from March 2023 to January 2024, despite a minor dip in properties sold.
The Fort Wayne, Indiana real estate market showed impressive growth trends in 2023, with property values and prices per square foot showing an upward trajectory, suggesting potential for continued growth.
What is the impact on nearby house values of a foreclosed home?