47928 — Vermillion County, Indiana Market Snapshot
Housing market data for zip code 47928 in Vermillion County, Indiana. Updated monthly with median prices, days on market, and more.
Limited Sales Data
Only 2 homes sold in this ZIP code during the selected period. Statistics may not be representative. See the Vermillion County county page for broader data.
Market Sales Data
2 sales in 2026 (year to date)
Median Sale Price
$223,550
Days to Sell
45
Homes Sold
2
Inventory
4
Conforming Loan Available
Most homebuyers in 47928 can comfortably use conventional financing. The median home price of $223,550 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
47928's market is balanced with homes taking an average of 45 days to sell. Buyers have some negotiating room without the pressure of bidding wars.
Conforming Loan Feasibility
Most homebuyers in 47928 can comfortably use conventional financing. The median home price of $223,550 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 47928 are set at the county level.
2026 Loan Limits — Vermillion 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 47928
To purchase the median home at $223,550 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $1,863.
Monthly Payment
$1,863
Income Required
$79,833
Principal & Interest
$1,377/mo
Down Payment (5%)
$11,178
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 47928.
Estimated Monthly Payment
$1,534
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