Data as of June 2026. Source: Realtor.com.
The FARMLAND, IN real estate market (47340) currently shows 5 active listings, with 3 pending sales. Homes are averaging 40 days on the market before going under contract.
Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.
The median listing price has risen 59% year-over-year, from $194,900 to $309,900.
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 June 2026, there are 5 active listings in FARMLAND, IN (zip code 47340), compared to 7 the prior year.
The median listing price in FARMLAND, IN 47340 is $309,900 as of June 2026, a 59% increase from $194,900 the prior year.
Homes in FARMLAND, IN 47340 spend an average of 40 days on the market before going under contract, compared to 40 days the prior year.
Based on current inventory and days-on-market data as of June 2026, FARMLAND, IN 47340 is currently a Balanced Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.
With SELL123.com's maximum 3% commission, sellers in FARMLAND, IN 47340 save an estimated $6,198 compared to a typical 5% commission on the median listing price of $309,900. 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.