Is 46106, 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, 46106 has remained a Seller's Market.
Housing Prices in 46106, IN
How much do homes in 46106, IN cost?
Median Sold Price
$428,000
$150/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 46106 was $428,000 in March 2024, up 8.8% from last year, and the median price per square foot was $150.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $182K | $193.7K | +6.5% |
3 Bedrooms | $260K | $304.9K | +17.3% |
4 Bedrooms | $432.5K | $470K | +8.7% |
5+ Bedrooms | $545K | $522.5K | -4.1% |
Summary: 46106 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 6.5%, 3 bedroom homes increased by 17.3%, 4 bedroom homes increased by 8.7%, and 5+ bedroom homes decreased by 4.1%.
Housing Supply in 46106, IN
How many homes are available in 46106, IN?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
49 | 63 | +28.6% |
Summary: The 46106 real estate market had 63 homes for sale in March 2024, a 28.6% 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 | 2 | 3 | +50.0% |
3 Bedrooms | 16 | 21 | +31.3% |
4 Bedrooms | 19 | 22 | +15.8% |
5+ Bedrooms | 12 | 17 | +41.7% |
Summary: The 46106 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 50%, 3 bedroom homes increased by 31.3%, 4 bedroom homes increased by 15.8%, and 5+ bedroom homes increased by 41.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
7 | 12 | +71.4% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 12 homes were sold or pending in 46106 in March 2024, up by 71.4% month-over-month. Of the 12 sold homes, 42% were sold under asking, 50% were sold at asking, and 8% were sold over asking.
Days on Market for 46106, IN
How long does it take to sell a home in 46106, IN?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
32 Days | 78 Days | +143.4% |
Summary: Homes in 46106 had an average of 78 days on market in Mar 2024, up by 143.4% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 12 homes were sold in 46106; 58% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.