47933 — Boone County, Indiana Market Snapshot
Housing market data for zip code 47933 in Boone County, Indiana. Updated monthly with median prices, days on market, and more.
Market Sales Data
96 sales in 2026 (year to date)
Median Sale Price
$225,000
Days to Sell
12
Homes Sold
96
Inventory
48
Sale-to-List
98.2%
New Listings
121
Price/SqFt
$130
Pending Sales
121
Conforming Loan Available
Most homebuyers in 47933 can comfortably use conventional financing. The median home price of $225,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
47933 is an extremely competitive market with homes selling in just 12 days on average. Buyers need pre-approval letters ready before making offers.
Sale-to-List Ratio
Homes are selling very close to asking price in 47933 (98.2% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 47933 can comfortably use conventional financing. The median home price of $225,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 47933 are set at the county level.
2026 Loan Limits — Boone County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $541,287 |
| 2 Units | $1,066,250 | $693,050 |
| 3 Units | $1,288,800 | $837,700 |
| 4 Units | $1,601,750 | $1,041,125 |
Affordability Snapshot — Zip 47933
To purchase the median home at $225,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $1,874.
Monthly Payment
$1,874
Income Required
$80,309
Principal & Interest
$1,386/mo
Down Payment (5%)
$11,250
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 47933.
Estimated Monthly Payment
$1,542
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