47243 — Jefferson County, Indiana Market Snapshot
Housing market data for zip code 47243 in Jefferson County, Indiana. Updated monthly with median prices, days on market, and more.
Market Sales Data
16 sales in 2026 (year to date)
Median Sale Price
$276,945
Days to Sell
82
Homes Sold
16
Inventory
15
Sale-to-List
97.5%
New Listings
22
Price/SqFt
$177
Pending Sales
18
Conforming Loan Available
Most homebuyers in 47243 can comfortably use conventional financing. The median home price of $276,945 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 82 days on average, 47243 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 47243 sells for 2.5% below asking price (97.5% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
Most homebuyers in 47243 can comfortably use conventional financing. The median home price of $276,945 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 47243 are set at the county level.
2026 Loan Limits — Jefferson 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 47243
To purchase the median home at $276,945 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,272.
Monthly Payment
$2,272
Income Required
$97,366
Principal & Interest
$1,706/mo
Down Payment (5%)
$13,847
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 47243.
Estimated Monthly Payment
$1,864
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