Unshakable ZIP Data 47340 | Farmland, IN Housing Market
Farmland · Randolph County · Indiana · Data updated June 19, 2026
The median sale price in ZIP 47340, Farmland, Indiana is $174,948 at $110 per square foot. 6 single-family homes sold in the latest period, down 43.8 percent from a year earlier. Homes sit a median of 55 days on market with 1.6 months of supply. Sellers are getting 94.7 percent of list price and 0.0 percent of homes sold above asking.
Buyer leverage market. Negotiate hard.
Value anchors
| Metric | Value | Year over year |
|---|---|---|
| Average single-family value | $182,230 | |
| Average price per sq ft | $115 | |
| Median sale price | $174,948 | |
| Median sale price per sq ft | $110 | |
| Median home size | 1,590 sq ft | |
| Median new listing price | $297,358 | +48.8% |
| National size rank | 16,176 |
Sales activity
| Metric | Value | Year over year |
|---|---|---|
| Homes sold | 6 | -43.8% |
| Median days on market | 55 days | |
| Months of supply | 1.6 months | |
| New listings | 3 | -72.3% |
| Active listings | 9 | -29.9% |
| Pending sales | 5 | -43.7% |
Pricing power
| Metric | Value | Year over year |
|---|---|---|
| Average sale-to-list ratio | 94.7% | -0.7 pts |
| Share sold above list | 0.0% | -27.3 pts |
Bedroom value anchors
Average values by bedroom count. Value anchors for orientation, not appraisals.
2-bedroom
$144,196
3-bedroom
$188,311
4-bedroom
$234,624
These figures describe the single-family market for Farmland, Indiana ZIP 47340. They are market context, not a substitute for sold comps or a formal appraisal.