Is 46075, 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, 46075 has remained a Seller's Market.
Housing Prices in 46075, IN
How much do homes in 46075, IN cost?
Median Sold Price
$341,666
$154/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 46075 was $341,666 in March 2024, down 2.4% from last year, and the median price per square foot was $154.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $311.7K | $300K | -3.8% |
3 Bedrooms | $316.2K | $314.5K | -0.6% |
4 Bedrooms | $398.5K | $379.5K | -4.8% |
5+ Bedrooms | $450K | $420.8K | -6.5% |
Summary: 46075 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 decreased by 3.8%, 3 bedroom homes decreased by 0.6%, 4 bedroom homes decreased by 4.8%, and 5+ bedroom homes decreased by 6.5%.
Housing Supply in 46075, IN
How many homes are available in 46075, IN?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
85 | 87 | +2.4% |
Summary: The 46075 real estate market had 87 homes for sale in March 2024, a 2.4% increase 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 | 8 | 11 | +37.5% |
3 Bedrooms | 30 | 32 | +6.7% |
4 Bedrooms | 26 | 23 | -11.5% |
5+ Bedrooms | 21 | 21 | 0.0% |
Summary: The 46075 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 increased by 37.5%, 3 bedroom homes increased by 6.7%, 4 bedroom homes decreased by 11.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
12 | 35 | +191.7% |
Asking Price vs. Sold Price
22 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 35 homes were sold or pending in 46075 in March 2024, up by 191.7% month-over-month. Of the 35 sold homes, 63% were sold under asking, 34% were sold at asking, and 3% were sold over asking.
Days on Market for 46075, IN
How long does it take to sell a home in 46075, IN?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
27 Days | 47 Days | +70.0% |
Summary: Homes in 46075 had an average of 47 days on market in Mar 2024, up by 70% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During March 2024, 35 homes were sold in 46075; 60% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.