47172 — Clark County, Indiana Market Snapshot
Housing market data for zip code 47172 in Clark County, Indiana. Updated monthly with median prices, days on market, and more.
Market Sales Data
70 sales in 2026 (year to date)
Median Sale Price
$281,500
Days to Sell
77
Homes Sold
70
Inventory
53
Sale-to-List
99.2%
New Listings
88
Price/SqFt
$166
Pending Sales
72
Conforming Loan Available
Most homebuyers in 47172 can comfortably use conventional financing. The median home price of $281,500 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
With homes sitting for 77 days on average, 47172 favors buyers. There may be opportunities to negotiate below asking price or request seller concessions for closing costs or rate buydowns.
Sale-to-List Ratio
Homes are selling very close to asking price in 47172 (99.2% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 47172 can comfortably use conventional financing. The median home price of $281,500 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 47172 are set at the county level.
2026 Loan Limits — Clark 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 47172
To purchase the median home at $281,500 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,307.
Monthly Payment
$2,307
Income Required
$98,861
Principal & Interest
$1,735/mo
Down Payment (5%)
$14,075
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 47172.
Estimated Monthly Payment
$1,892
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