Is 46072, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 46072 has remained a Seller's Market.
Housing Prices in 46072, IN
How much do homes in 46072, IN cost?
Median Sold Price
$201,000
$117/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 46072 was $201,000 in April 2024, up 14.9% from last year, and the median price per square foot was $117.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $140K | - | N/A |
2 Bedrooms | $97.5K | $149.8K | +53.7% |
3 Bedrooms | $178K | $195K | +9.6% |
4 Bedrooms | $240.2K | $280K | +16.5% |
5+ Bedrooms | $180K | $287.5K | +59.7% |
Summary: 46072 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 53.7%, 3 bedroom homes increased by 9.6%, 4 bedroom homes increased by 16.5%, and 5+ bedroom homes increased by 59.7%.
Median Sold Price Compared To Nearby Zip Codes
46068 | $209.9K | $249.9K | +19.1% |
46072 | $175K | $201K | +14.9% |
Housing Supply in 46072, IN
How many homes are available in 46072, IN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
19 | 23 | +21.1% |
Summary: The 46072 real estate market had 23 homes for sale in April 2024, a 21.1% 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 | 1 | 2 | +100.0% |
3 Bedrooms | 10 | 11 | +10.0% |
4 Bedrooms | 6 | 8 | +33.3% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 46072 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 100%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 8 | +14.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in 46072 in April 2024, up by 14.3% month-over-month. Of the 8 sold homes, 38% were sold under asking, 13% were sold at asking, and 50% were sold over asking.
Days on Market for 46072, IN
How long does it take to sell a home in 46072, IN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
5 Days | 33 Days | +479.7% |
Summary: Homes in 46072 had an average of 33 days on market in Apr 2024, up by 479.7% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 8 homes were sold in 46072; 63% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.