Is 46001, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 46001 was a Seller's Market.
Housing Prices in 46001, IN
How much do homes in 46001, IN cost?
Median Sold Price
$150,000
$95/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 46001 was $150,000 in March 2024, down 10.7% from last year, and the median price per square foot was $95.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $32K | $59K | +84.4% |
2 Bedrooms | $128.5K | $83K | -35.4% |
3 Bedrooms | $169.9K | $150K | -11.7% |
4 Bedrooms | $200K | $212.4K | +6.2% |
5+ Bedrooms | $182.5K | $275K | +50.7% |
Summary: 46001 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 84.4%, 2 bedroom homes decreased by 35.4%, 3 bedroom homes decreased by 11.7%, 4 bedroom homes increased by 6.2%, and 5+ bedroom homes increased by 50.7%.
Housing Supply in 46001, IN
How many homes are available in 46001, IN?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
31 | 37 | +19.4% |
Summary: The 46001 real estate market had 37 homes for sale in March 2024, a 19.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 6 | 7 | +16.7% |
3 Bedrooms | 17 | 20 | +17.6% |
4 Bedrooms | 4 | 6 | +50.0% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The 46001 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 17.6%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
3 | 5 | +66.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in 46001 in March 2024, up by 66.7% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.
Days on Market for 46001, IN
How long does it take to sell a home in 46001, IN?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
59 Days | 20 Days | -65.3% |
Summary: Homes in 46001 had an average of 20 days on market in Mar 2024, down by 65.3% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 5 homes were sold in 46001; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.