47882 — Sullivan County, Indiana Market Snapshot
Housing market data for zip code 47882 in Sullivan County, Indiana. Updated monthly with median prices, days on market, and more.
Market Sales Data
34 sales in 2026 (year to date)
Median Sale Price
$167,500
Days to Sell
119
Homes Sold
34
Inventory
24
Sale-to-List
93.1%
New Listings
37
Price/SqFt
$121
Pending Sales
49
Conforming Loan Available
Most homebuyers in 47882 can comfortably use conventional financing. The median home price of $167,500 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 119 days on average, 47882 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 47882 sells for 6.9% below asking price (93.1% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
Most homebuyers in 47882 can comfortably use conventional financing. The median home price of $167,500 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 47882 are set at the county level.
2026 Loan Limits — Sullivan 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 47882
To purchase the median home at $167,500 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $1,433.
Monthly Payment
$1,433
Income Required
$61,428
Principal & Interest
$1,032/mo
Down Payment (5%)
$8,375
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 47882.
Estimated Monthly Payment
$1,187
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