Is 46074, 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, 46074 has remained a Seller's Market.
Housing Prices in 46074, IN
How much do homes in 46074, IN cost?
Median Sold Price
$460,883
$174/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 46074 was $460,883 in March 2024, up 0.2% from last year, and the median price per square foot was $174.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $312.8K | $357.9K | +14.4% |
3 Bedrooms | $374.9K | $391K | +4.3% |
4 Bedrooms | $489K | $509.9K | +4.3% |
5+ Bedrooms | $623.3K | $644.9K | +3.5% |
Summary: 46074 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 14.4%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes increased by 3.5%.
Housing Supply in 46074, IN
How many homes are available in 46074, IN?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
251 | 251 | 0.0% |
Summary: The 46074 real estate market had 251 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 35 | 31 | -11.4% |
3 Bedrooms | 109 | 109 | 0.0% |
4 Bedrooms | 72 | 73 | +1.4% |
5+ Bedrooms | 35 | 38 | +8.6% |
Summary: The 46074 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 11.4%, 3 bedroom homes remained the same, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes increased by 8.6%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
67 | 75 | +11.9% |
Asking Price vs. Sold Price
36 Homes Were Sold
Under Asking
25 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Summary: A total of 75 homes were sold or pending in 46074 in March 2024, up by 11.9% month-over-month. Of the 75 sold homes, 48% were sold under asking, 33% were sold at asking, and 19% were sold over asking.
Days on Market for 46074, IN
How long does it take to sell a home in 46074, IN?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
41 Days | 50 Days | +22.9% |
Summary: Homes in 46074 had an average of 50 days on market in Mar 2024, up by 22.9% compared to last year.
Breakdown of Home Sale Times
45 Homes Were Sold
Under 30 Days
16 Homes Were Sold
In 30 - 90 Days
14 Homes Were Sold
Over 90 Days
Summary: During March 2024, 75 homes were sold in 46074; 60% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.