47805 — Vigo County, Indiana Market Snapshot
Housing market data for zip code 47805 in Vigo County, Indiana. Updated monthly with median prices, days on market, and more.
Market Sales Data
36 sales in 2026 (year to date)
Median Sale Price
$232,400
Days to Sell
25
Homes Sold
36
Inventory
24
Sale-to-List
98.1%
New Listings
53
Price/SqFt
$134
Pending Sales
46
Conforming Loan Available
Most homebuyers in 47805 can comfortably use conventional financing. The median home price of $232,400 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 47805 are moving quickly at 25 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 47805 (98.1% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 47805 can comfortably use conventional financing. The median home price of $232,400 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 47805 are set at the county level.
2026 Loan Limits — Vigo 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 47805
To purchase the median home at $232,400 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $1,931.
Monthly Payment
$1,931
Income Required
$82,739
Principal & Interest
$1,432/mo
Down Payment (5%)
$11,620
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 47805.
Estimated Monthly Payment
$1,588
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