What the Pros Know
Market Snapshot
Zip Code 47940 | Montgomery County, IN
1,436
Population
YoY
202242.3
Median Age
YoY
2022$64,375
Median Household Income
YoY
2022$194,000
Median Sale Price
7.0% MoM
2.0% YoY
6/20255
Homes Sold
16.7% MoM
16.7% YoY
6/20251.4
Months Inventory
180% MoM
1020% YoY
6/20259
Days on Market
6 MoM
3 YoY
6/20257
Listings
133.3% MoM
250.0% YoY
6/202589
Price per Sq Ft
12.6% MoM
0.9% YoY
6/2025
1. Population Data from U.S. Census Bureau.
2. Sales Data provided by Redfin, a national real estate brokerage.
MoM = Month over Month. The percentage change from the previous month to the current month.
YoY = Year over Year. The percentage change from the same period the previous year to the current period.

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