47446 — Lawrence County, Indiana Market Snapshot
Housing market data for zip code 47446 in Lawrence County, Indiana. Updated monthly with median prices, days on market, and more.
Market Sales Data
23 sales in 2026 (year to date)
Median Sale Price
$190,000
Days to Sell
106
Homes Sold
23
Inventory
44
Sale-to-List
100.4%
New Listings
35
Price/SqFt
$138
Pending Sales
30
Conforming Loan Available
Most homebuyers in 47446 can comfortably use conventional financing. The median home price of $190,000 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 106 days on average, 47446 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 47446 (100.4% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 47446 can comfortably use conventional financing. The median home price of $190,000 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 47446 are set at the county level.
2026 Loan Limits — Lawrence 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 47446
To purchase the median home at $190,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $1,606.
Monthly Payment
$1,606
Income Required
$68,817
Principal & Interest
$1,171/mo
Down Payment (5%)
$9,500
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 47446.
Estimated Monthly Payment
$1,326
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