The story of this market
The typical home in ZIP 47010 sells for about $163,000, or $116 per square foot.
Prices are down 20.7% from a year ago, which gives buyers more room to negotiate. Homes take about 100 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,148 a month.
ZIP 47010 — Bath
The housing market in Bedford, Indiana, is currently experiencing a significant correction with median prices down over 20% year-over-year. Market activity is slow, characterized by a high median days on market of 100 days and low transaction volume. These conditions suggest a cooling environment for sellers in the region.
Median prices moved down 20.7% year over year.
Homes spend a median of 100 days on market with 0.0 months of supply — a slower-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 0.0% · poverty 0.0% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 47010
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Indiana) — Ad Valorem Property Assessment: Property is assessed at 100% of true tax value, determined by market-based assessment systems and annual adjustments. State (Indiana) — Standard Homestead Deduction: Removes the first $45,000 of the homestead's assessed value from taxation. State (Indiana) — Indiana Property Tax Caps (Circuit Breaker): Limits annual property tax liability to 1% of gross assessed value for principal residences, 2% for other residential property, and 3% for non-residential property.
not determinable
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.