Is 46107, 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, 46107 has remained a Seller's Market.
Housing Prices in 46107, IN
How much do homes in 46107, IN cost?
Median Sold Price
$189,000
$114/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 46107 was $189,000 in April 2024, up 2.2% from last year, and the median price per square foot was $114.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $94.9K | N/A |
2 Bedrooms | $150K | $159.9K | +6.6% |
3 Bedrooms | $190K | $195.5K | +2.9% |
4 Bedrooms | $214K | $237.4K | +11.0% |
5+ Bedrooms | $249.9K | $255K | +2.0% |
Summary: 46107 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 6.6%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 11%, and 5+ bedroom homes increased by 2%.
Housing Supply in 46107, IN
How many homes are available in 46107, IN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
34 | 33 | -2.9% |
Summary: The 46107 real estate market had 33 homes for sale in April 2024, a 2.9% decrease 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 | 10 | 11 | +10.0% |
3 Bedrooms | 14 | 17 | +21.4% |
4 Bedrooms | 6 | 5 | -16.7% |
5+ Bedrooms | 4 | 0 | -100.0% |
Summary: The 46107 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 10%, 3 bedroom homes increased by 21.4%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
17 | 9 | -47.1% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in 46107 in April 2024, down by 47.1% month-over-month. Of the 9 sold homes, 33% were sold under asking, 22% were sold at asking, and 44% were sold over asking.
Days on Market for 46107, IN
How long does it take to sell a home in 46107, IN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
27 Days | 32 Days | +17.2% |
Summary: Homes in 46107 had an average of 32 days on market in Apr 2024, up by 17.2% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 9 homes were sold in 46107; 78% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.