47374 Home Values & Market Trends
There are 31 homes currently listed for 47374. 47374 real estate market trends show that home prices range from $13,750 to $1,350,000, and the median sales price in the 47374 zip code is $109,099.33. The total number of properties sold within the past twelve months is 1,129. In 47374, 41 properties are in foreclosure, 3 are bank owned properties,and 7 are headed for auction.
47374 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Richmond | $ 85,928 $ 72/sqft |
Housing Market Summary for 47374
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $126K | $114.8K | -8.87% |
| Median Sold Price | $104.9K | $114.8K | 9.45% |
| Homes For Sale | 26 | 30 | 15.38% |
| Homes Sold | 350 | 372 | 6.29% |
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 47374
Browse Homes in 47374
The median list price of a home in Richmond, is $109,099.33. A total of 31 properties are for sale, and the percentage of properties for sale in the zip code is 31.00%. The total count of 47374 properties is 16,074.
- Pre-ForeclosurePre-foreclosure homes account for 0.19% of all residential properties in 47374 with richmond containing 31 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 47374; of that cities, the estimated home value for pre-foreclosure homes ranges from $833,694 in richmond to the lowest home value of $47,527 in richmond.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 47374 ranges from the highest value of $256,750 in richmond to the lowest value of $95,647 in richmond. Bank owned homes and properties account for 0.02% of properties in 47374. There is 1 cities within 47374; richmond containing 3 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsrichmond has 7 auction properties, the highest number of properties going to auction in a single city in the state of 47374. Auction homes and other auction properties account for 0.04% of all properties in 47374. There is 1 cities within 47374; of that cities, the median estimated home value for homes going to auction ranges from $187,100 in richmond to the lowest value of $26,047 in richmond.
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Guide for 47374
Richmond’s real estate market shows consistent growth, with trends indicating increasing property values and demand.
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.
The Knoxville real estate market is seeing fluctuations in property prices, with the average value at $399,900 as of March 2024.
