Is 46033, 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, 46033 has remained a Seller's Market.
Housing Prices in 46033, IN
How much do homes in 46033, IN cost?
Median Sold Price
$504,166
$165/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 46033 was $504,166 in March 2024, up 1.8% from last year, and the median price per square foot was $165.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $311.5K | $373K | +19.7% |
3 Bedrooms | $405K | $415K | +2.5% |
4 Bedrooms | $490K | $516K | +5.3% |
5+ Bedrooms | $732.5K | $776.2K | +6.0% |
Summary: 46033 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 19.7%, 3 bedroom homes increased by 2.5%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes increased by 6%.
Housing Supply in 46033, IN
How many homes are available in 46033, IN?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
86 | 81 | -5.8% |
Summary: The 46033 real estate market had 81 homes for sale in March 2024, a 5.8% decrease 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 | 4 | 2 | -50.0% |
3 Bedrooms | 25 | 26 | +4.0% |
4 Bedrooms | 40 | 38 | -5.0% |
5+ Bedrooms | 17 | 15 | -11.8% |
Summary: The 46033 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 50%, 3 bedroom homes increased by 4%, 4 bedroom homes decreased by 5%, and 5+ bedroom homes decreased by 11.8%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
29 | 32 | +10.3% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Summary: A total of 32 homes were sold or pending in 46033 in March 2024, up by 10.3% month-over-month. Of the 32 sold homes, 41% were sold under asking, 16% were sold at asking, and 44% were sold over asking.
Days on Market for 46033, IN
How long does it take to sell a home in 46033, IN?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
35 Days | 24 Days | -32.0% |
Summary: Homes in 46033 had an average of 24 days on market in Mar 2024, down by 32% compared to last year.
Breakdown of Home Sale Times
24 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 32 homes were sold in 46033; 75% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.