Is 46112, 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, 46112 has remained a Seller's Market.
Housing Prices in 46112, IN
How much do homes in 46112, IN cost?
Median Sold Price
$354,960
$158/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 46112 was $354,960 in March 2024, up 11.7% from last year, and the median price per square foot was $158.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $100K | N/A |
2 Bedrooms | $215K | $253.5K | +17.9% |
3 Bedrooms | $280K | $300K | +7.1% |
4 Bedrooms | $390K | $416.9K | +6.9% |
5+ Bedrooms | $448K | $475K | +6.0% |
Summary: 46112 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 17.9%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 6.9%, and 5+ bedroom homes increased by 6%.
Housing Supply in 46112, IN
How many homes are available in 46112, IN?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
131 | 122 | -6.9% |
Summary: The 46112 real estate market had 122 homes for sale in March 2024, a 6.9% decrease 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 | 17 | 17 | 0.0% |
3 Bedrooms | 52 | 48 | -7.7% |
4 Bedrooms | 44 | 37 | -15.9% |
5+ Bedrooms | 18 | 20 | +11.1% |
Summary: The 46112 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 remained the same, 3 bedroom homes decreased by 7.7%, 4 bedroom homes decreased by 15.9%, and 5+ bedroom homes increased by 11.1%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
42 | 35 | -16.7% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 35 homes were sold or pending in 46112 in March 2024, down by 16.7% month-over-month. Of the 35 sold homes, 51% were sold under asking, 31% were sold at asking, and 17% were sold over asking.
Days on Market for 46112, IN
How long does it take to sell a home in 46112, IN?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
47 Days | 38 Days | -19.5% |
Summary: Homes in 46112 had an average of 38 days on market in Mar 2024, down by 19.5% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During March 2024, 35 homes were sold in 46112; 51% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.