Data as of March 2026. Source: Realtor.com.
The FARMLAND, IN real estate market (47340) currently shows 9 active listings, with 6 pending sales. Homes are averaging 45 days on the market before going under contract.
Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 45 days on market compared to 7 days last year.
The median listing price has fallen 28% year-over-year, from $249,900 to $179,950.
Whether you are buying or selling in FARMLAND, IN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
Population: 3,073 · Density: 22.2/mi² · Median household income: $60,045
Typical home value: $155,208 · Homeownership: 78.1%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 47340 | Farmland, IN 47340 | 0.0 mi | 9 | $2,052,108 | $194,900 | $228,012 |
| 47383 | Selma, IN 47383 | 7.3 mi | 5 | $3,550,355 | $607,400 | $710,071 |
| 47358 | Modoc, IN 47358 | 8.8 mi | 2 | $314,850 | $157,425 | $157,425 |
| 47320 | Albany, IN 47320 | 9.8 mi | 12 | $2,805,504 | $197,500 | $233,792 |
| 47373 | Redkey, IN 47373 | 11.0 mi | 3 | $507,249 | $167,450 | $169,083 |
| 47360 | Mooreland, IN 47360 | 13.3 mi | 4 | $566,284 | $166,875 | $141,571 |
| 47305 | Muncie, IN 47305 | 13.4 mi | 16 | $1,818,096 | $112,500 | $113,631 |
| 47355 | Lynn, IN 47355 | 14.4 mi | 3 | $404,700 | $134,900 | $134,900 |
| 47336 | Dunkirk, IN 47336 | 15.5 mi | 18 | $1,682,658 | $81,037 | $93,481 |
| 47386 | Springport, IN 47386 | 16.0 mi | 2 | $349,800 | $174,900 | $174,900 |
| 47346 | Hagerstown, IN 47346 | 17.1 mi | 6 | $1,833,324 | $166,175 | $305,554 |
| 47361 | Mount Summit, IN 47361 | 18.1 mi | 1 | $159,900 | $159,900 | $159,900 |
| 47341 | Fountain City, IN 47341 | 19.1 mi | 2 | $279,896 | $139,948 | $139,948 |
As of March 2026, there are 9 active listings in FARMLAND, IN (zip code 47340), compared to 6 the prior year.
The median listing price in FARMLAND, IN 47340 is $179,950 as of March 2026, a 28% decrease from $249,900 the prior year.
Homes in FARMLAND, IN 47340 spend an average of 45 days on the market before going under contract, compared to 7 days the prior year.
Based on current inventory and days-on-market data as of March 2026, FARMLAND, IN 47340 is currently a Buyer's Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 45 days on market compared to 7 days last year.
With SELL123.com's maximum 3% commission, sellers in FARMLAND, IN 47340 save an estimated $3,599 compared to a typical 5% commission on the median listing price of $179,950. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.