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Updated July 2026Zillowmonthly

47960 Real Estate Market Update: Monticello, IN, July 2026

Analysis by INEYA Studio. Data updated July 2026 from Zillow Research.

The latest housing-market numbers for ZIP code 47960 in Monticello, Indiana, for July 2026: a $277K median sale price, straight from Zillow Research. ZIP-level figures are monthly figures, smoothed over three months by Zillow.

$277K
Median sale price, July 2026
ZIP 47960, Monticello, IN, July 2026. Source: Zillow.
MetricValueMoMYoY
Median sale price$277K▼ -12.9%n/a
Homes for sale148▲ +2.8%▲ +20.3%
New listings37▼ -14.0%▲ +19.4%

Figures from Zillow Research (monthly figures, smoothed over three months by Zillow). Verify against your MLS before posting. Not a valuation for a specific home.

What the 47960 numbers say

The 47960 ZIP in Monticello is leveling off. The median sale price is $277,307, roughly flat year over year. Sellers here are getting close to list price.

With 148 homes for sale and 37 new listings this month, 47960 is currently an active market.

What this means if you sell in 47960

Use these figures to set expectations early with each client. Lead a listing appointment with the $277K median price, show the year-over-year direction, and frame 47960 as an active market. A buyer or seller client trusts an agent who knows their exact ZIP, not just the metro average.

How we track the 47960 market

We built LOKAL to pull 47960's numbers straight from Zillow Research, so an agent and a client read from the same source. For July 2026 we recorded a $277K median sale price and a -12.9% month-over-month move with 148 homes for sale. We refresh every ZIP monthly from Zillow Research, which only publishes a smoothed median once a ZIP has enough transactions, so the median stays reliable instead of noisy. Both sources have published ZIP-level series for years, which is what lets us show month-over-month and year-over-year change here in 2026. LOKAL is independent and not affiliated with Zillow; always verify against your MLS before you publish.

ZIP-code areas follow U.S. Postal Service boundaries; for complementary demographics on 47960 (population, median household income, owner-occupancy), see the U.S. Census Bureau profile for this ZIP Code Tabulation Area. LOKAL covers price and pace; the Census covers who lives there.

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Frequently asked: the 47960 housing market

What is the median home price in ZIP 47960 (Monticello, IN)?
As of July 2026, the median sale price in ZIP 47960 is $277,307, per Zillow Research. Figures are monthly figures, smoothed over three months by Zillow for this ZIP code.
Is ZIP 47960 a buyer's or seller's market right now?
ZIP 47960 is currently an active market for July 2026.
How long do homes take to sell in ZIP 47960?
Zillow does not publish a days-on-market figure for 47960 this period. Verify pace against your local MLS.
Where does this 47960 market data come from?
All figures for 47960 come from Zillow Research: monthly figures, smoothed over three months by Zillow. LOKAL turns them into a ready-to-post carousel, story and square graphic. LOKAL is not affiliated with Zillow.

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Data credited to its source on every update. LOKAL is independent.

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Data from Zillow Research (ZIP-level market data, monthly figures, smoothed over three months by Zillow), not a valuation for a specific home.