47872 — Putnam County, Indiana Market Snapshot
Housing market data for zip code 47872 in Putnam County, Indiana. Updated monthly with median prices, days on market, and more.
Market Sales Data
18 sales in 2026 (year to date)
Median Sale Price
$217,000
Days to Sell
35
Homes Sold
18
Inventory
28
Sale-to-List
95.0%
New Listings
40
Price/SqFt
$123
Pending Sales
28
Conforming Loan Available
Most homebuyers in 47872 can comfortably use conventional financing. The median home price of $217,000 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
47872's market is balanced with homes taking an average of 35 days to sell. Buyers have some negotiating room without the pressure of bidding wars.
Sale-to-List Ratio
The average home in 47872 sells for 5.0% below asking price (95.0% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
Most homebuyers in 47872 can comfortably use conventional financing. The median home price of $217,000 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 47872 are set at the county level.
2026 Loan Limits — Putnam 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 47872
To purchase the median home at $217,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $1,813.
Monthly Payment
$1,813
Income Required
$77,682
Principal & Interest
$1,337/mo
Down Payment (5%)
$10,850
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 47872.
Estimated Monthly Payment
$1,493
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