47904 — Tippecanoe County, Indiana Market Snapshot
Housing market data for zip code 47904 in Tippecanoe County, Indiana. Updated monthly with median prices, days on market, and more.
Market Sales Data
48 sales in 2026 (year to date)
Median Sale Price
$210,000
Days to Sell
15
Homes Sold
48
Inventory
21
Sale-to-List
100.1%
New Listings
66
Price/SqFt
$156
Pending Sales
64
Conforming Loan Available
Most homebuyers in 47904 can comfortably use conventional financing. The median home price of $210,000 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
Homes in 47904 are moving quickly at 15 days on market, indicating healthy buyer demand. Well-priced homes are likely seeing multiple offers.
Sale-to-List Ratio
Homes are selling very close to asking price in 47904 (100.1% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 47904 can comfortably use conventional financing. The median home price of $210,000 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 47904 are set at the county level.
2026 Loan Limits — Tippecanoe 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 47904
To purchase the median home at $210,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $1,759.
Monthly Payment
$1,759
Income Required
$75,384
Principal & Interest
$1,294/mo
Down Payment (5%)
$10,500
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 47904.
Estimated Monthly Payment
$1,450
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