Is 46032, 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, 46032 has remained a Seller's Market.
Housing Prices in 46032, IN
How much do homes in 46032, IN cost?
Median Sold Price
$514,375
$177/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 46032 was $514,375 in March 2024, up 11.1% from last year, and the median price per square foot was $177.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $162.9K | $187.5K | +15.1% |
2 Bedrooms | $275K | $310.2K | +12.8% |
3 Bedrooms | $395.5K | $420.2K | +6.3% |
4 Bedrooms | $493K | $570K | +15.6% |
5+ Bedrooms | $910K | $942.5K | +3.6% |
Summary: 46032 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.1%, 2 bedroom homes increased by 12.8%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 15.6%, and 5+ bedroom homes increased by 3.6%.
Housing Supply in 46032, IN
How many homes are available in 46032, IN?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
147 | 166 | +12.9% |
Summary: The 46032 real estate market had 166 homes for sale in March 2024, a 12.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 2 | -33.3% |
2 Bedrooms | 20 | 26 | +30.0% |
3 Bedrooms | 57 | 59 | +3.5% |
4 Bedrooms | 38 | 45 | +18.4% |
5+ Bedrooms | 29 | 34 | +17.2% |
Summary: The 46032 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 30%, 3 bedroom homes increased by 3.5%, 4 bedroom homes increased by 18.4%, and 5+ bedroom homes increased by 17.2%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
30 | 43 | +43.3% |
Asking Price vs. Sold Price
21 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Summary: A total of 43 homes were sold or pending in 46032 in March 2024, up by 43.3% month-over-month. Of the 43 sold homes, 49% were sold under asking, 16% were sold at asking, and 35% were sold over asking.
Days on Market for 46032, IN
How long does it take to sell a home in 46032, IN?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
25 Days | 30 Days | +19.5% |
Summary: Homes in 46032 had an average of 30 days on market in Mar 2024, up by 19.5% compared to last year.
Breakdown of Home Sale Times
32 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During March 2024, 43 homes were sold in 46032; 74% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.