Is 46012, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 46012 has remained a Seller's Market.
Housing Prices in 46012, IN
How much do homes in 46012, IN cost?
Median Sold Price
$180,750
$112/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 46012 was $180,750 in March 2024, up 6.6% from last year, and the median price per square foot was $112.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $45K | N/A |
2 Bedrooms | $99.7K | $117.7K | +18.0% |
3 Bedrooms | $174K | $195K | +12.1% |
4 Bedrooms | $260K | $245K | -5.8% |
5+ Bedrooms | $175K | $226K | +29.1% |
Summary: 46012 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 18%, 3 bedroom homes increased by 12.1%, 4 bedroom homes decreased by 5.8%, and 5+ bedroom homes increased by 29.1%.
Housing Supply in 46012, IN
How many homes are available in 46012, IN?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
69 | 73 | +5.8% |
Summary: The 46012 real estate market had 73 homes for sale in March 2024, a 5.8% 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 | 20 | 18 | -10.0% |
3 Bedrooms | 41 | 46 | +12.2% |
4 Bedrooms | 8 | 7 | -12.5% |
5+ Bedrooms | 0 | 2 | +100.0% |
Summary: The 46012 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 decreased by 10%, 3 bedroom homes increased by 12.2%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
20 | 17 | -15.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in 46012 in March 2024, down by 15.0% month-over-month. Of the 17 sold homes, 59% were sold under asking, 6% were sold at asking, and 35% were sold over asking.
Days on Market for 46012, IN
How long does it take to sell a home in 46012, IN?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
55 Days | 30 Days | -44.3% |
Summary: Homes in 46012 had an average of 30 days on market in Mar 2024, down by 44.3% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 17 homes were sold in 46012; 65% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.