47501 — Daviess County, Indiana Market Snapshot
Housing market data for zip code 47501 in Daviess County, Indiana. Updated monthly with median prices, days on market, and more.
Market Sales Data
39 sales in 2026 (year to date)
Median Sale Price
$172,000
Days to Sell
72
Homes Sold
39
Inventory
46
Sale-to-List
97.3%
New Listings
54
Price/SqFt
$117
Pending Sales
50
Conforming Loan Available
Most homebuyers in 47501 can comfortably use conventional financing. The median home price of $172,000 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
With homes sitting for 72 days on average, 47501 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
The average home in 47501 sells for 2.7% below asking price (97.3% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
Most homebuyers in 47501 can comfortably use conventional financing. The median home price of $172,000 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 47501 are set at the county level.
2026 Loan Limits — Daviess 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 47501
To purchase the median home at $172,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $1,468.
Monthly Payment
$1,468
Income Required
$62,906
Principal & Interest
$1,060/mo
Down Payment (5%)
$8,600
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 47501.
Estimated Monthly Payment
$1,214
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