Is 46041, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 46041 has remained a Seller's Market.
Housing Prices in 46041, IN
How much do homes in 46041, IN cost?
Median Sold Price
$201,750
$138/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in 46041 was $201,750 in April 2024, down 12.3% from last month, and the median price per square foot was $138.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $190K | N/A |
3 Bedrooms | $230K | $201.5K | -12.4% |
4 Bedrooms | - | $226.6K | N/A |
5+ Bedrooms | - | - | N/A |
Summary: 46041 housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 12.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in 46041, IN
How many homes are available in 46041, IN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
32 | 41 | +28.1% |
Summary: The 46041 real estate market had 41 homes for sale in April 2024, a 28.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 5 | 9 | +80.0% |
3 Bedrooms | 20 | 19 | -5.0% |
4 Bedrooms | 6 | 11 | +83.3% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The 46041 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 80%, 3 bedroom homes decreased by 5%, 4 bedroom homes increased by 83.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 18 | +157.1% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 18 homes were sold or pending in 46041 in April 2024, up by 157.1% month-over-month. Of the 18 sold homes, 50% were sold under asking, 22% were sold at asking, and 28% were sold over asking.
Days on Market for 46041, IN
How long does it take to sell a home in 46041, IN?
Average Sale Time
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
38 Days | 4 Days | -89.7% |
Summary: Homes in 46041 had an average of 4 days on market in Apr 2024, down by 89.7% compared to last month.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 18 homes were sold in 46041; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.