Flat Rock, IN Home Values & Market Trends
Real estate market trends reflect that there have been 26 transactions over the past year in Flat Rock. The median value for residential home transactions that occurred over the previous year is $189,384. The number of current listings in Flat Rock is 15, and the percentage of properties for sale in the city is 15.00%. Flat Rock, IN currently has 4 properties in foreclosure, 1 bank owned properties, 3 properties headed for auction, and 15 properties for sale.
Flat Rock, IN Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 47234 | $ 189,384 $ 162/sqft |
Housing Market Summary for Flat Rock, IN
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $206.8K | $240K | 16.08% |
| Median Sold Price | $224.2K | $194.2K | -13.38% |
| Homes For Sale | 7 | 15 | 114.29% |
| Homes Sold | 12 | 8 | -33.33% |
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 Flat Rock, IN
Browse Homes in Flat Rock, IN
Flat Rock home values range from $57,700 to $385,000. The median estimated value of a home in Flat Rock is $189,384. The median list price of a home is 240,000, and the total count of properties in the city is 32.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Flat Rock, IN with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Flat Rock, IN; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Flat Rock, IN ranges from the highest value of $315,000 in 47234 to the lowest value of $315,000 in 47234. Bank owned homes and properties account for 3.13% of properties in Flat Rock, IN. There is 1 zips within Flat Rock, IN; 47234 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions47234 has 3 auction properties, the highest number of properties going to auction in a single zip in the state of Flat Rock, IN. Auction homes and other auction properties account for 9.38% of all properties in Flat Rock, IN. There is 1 zips within Flat Rock, IN; of that zips, the median estimated home value for homes going to auction ranges from $159,751 in 47234 to the lowest value of $90,189 in 47234.
Compare Nearby Cities
More Real Estate Resources for Flat Rock, IN
Guide for Flat Rock, IN
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.