Is 46072, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 46072 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 46072 has remained a Seller's Market.

Key Takeaway

46072 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

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

+$26,000(+14.9%)

Key Takeaway

Homes in 46072 have sold for 14.9% more than they did a year ago.

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

# BEDSApr 2023Apr 2024CHANGE
1 $140K-
N/A
2 $97.5K$149.8K
+53.7%
3 $178K$195K
+9.6%
4 $240.2K$280K
+16.5%
5+ $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
+19.1%
46072
+14.9%

Housing Supply in 46072, IN

How many homes are available in 46072, IN?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1923+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

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 1011
+10.0%
4 68
+33.3%
5+ 22
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 2024Apr 2024CHANGE
78+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

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 46072, you could pay more than the asking price. 50% of homes here sold above asking price last month.

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 2023Apr 2024CHANGE
5 Days33 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

Breakdown of Home Sale Times

Key Takeaway

Many homes in 46072 are selling fast, if you're buying plan to act quickly.

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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 8 Days Ago

Newest Listings in 46072, IN

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