Data as of September 2026. Source: Realtor.com.
The FARMLAND, IN real estate market (47340) currently shows 10 active listings, with 5 pending sales. Homes are averaging 66 days on the market before going under contract.
Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 66 days on market compared to 32 days last year.
The median listing price has risen 21.2% year-over-year, from $207,450 to $251,425.
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 September 2026, there are 10 active listings in FARMLAND, IN (zip code 47340), compared to 8 the prior year.
The median listing price in FARMLAND, IN 47340 is $251,425 as of September 2026, a 21.2% increase from $207,450 the prior year.
Homes in FARMLAND, IN 47340 spend an average of 66 days on the market before going under contract, compared to 32 days the prior year.
Based on current inventory and days-on-market data as of September 2026, FARMLAND, IN 47340 is currently a Buyer's Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 66 days on market compared to 32 days last year.
With SELL123.com's maximum 3% commission, sellers in FARMLAND, IN 47340 save an estimated $5,029 compared to a typical 5% commission on the median listing price of $251,425. 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.