47408 Home Prices & Values

$163,600 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • -0.7% 1-year change
  • 2.3% 1-year forecast

The median home value in 47408 is $163,600. 47408 home values have declined -0.7% over the past year and Zillow predicts they will rise 2.3% within the next year. The median price of homes currently listed in 47408 is $209,900.

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in 47408 is 2.5%, which is lower than the national value of 7.2%.

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Relative ZHVI
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47408 Market Overview

Data through Jul 31, 2014
  • $163,600 ZHVI
  • 2.3% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (Jul 31, 2015)
  • $209,900 Median listing price
  • No data Median sale price
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47408 Market Health

Data through Jul 31, 2014
  • 6.3/10 Healthy What's This?  
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    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.

  • No data Average of days on Zillow
  • No data Homes with negative equity (18.8% US Avg)
  • 2.5% Delinquent on mortgage (7.2% US Avg) (Mar 31, 2014)
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Nearby Zip Codes

Name Median ZHVI Name Median ZHVI Name Median ZHVI
47468 $193,200 47401 $175,800 47448 $164,200
47404 $139,600 47403 $125,600 47429 $120,700
46151 $118,300    

Listings & Sales

Data through Jul 31, 2014
  • $124 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 38.6% Listings with price cut
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47408 Rentals

Data through Jul 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$1,305 47408
$1,178 Bloomington
$1,318 United States
  • No data Breakeven horizon
  • No data Rent list price
  • $1.15 Rent list price / sq ft
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