47161 — Harrison County, Indiana Market Snapshot
Housing market data for zip code 47161 in Harrison County, Indiana. Updated monthly with median prices, days on market, and more.
Market Sales Data
15 sales in 2026 (year to date)
Median Sale Price
$279,900
Days to Sell
100
Homes Sold
15
Inventory
13
Sale-to-List
99.0%
New Listings
17
Price/SqFt
$186
Pending Sales
15
Conforming Loan Available
Most homebuyers in 47161 can comfortably use conventional financing. The median home price of $279,900 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 100 days on average, 47161 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 47161 (99.0% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 47161 can comfortably use conventional financing. The median home price of $279,900 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 47161 are set at the county level.
2026 Loan Limits — Harrison 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 47161
To purchase the median home at $279,900 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,295.
Monthly Payment
$2,295
Income Required
$98,336
Principal & Interest
$1,725/mo
Down Payment (5%)
$13,995
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 47161.
Estimated Monthly Payment
$1,882
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