Is 46123, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 46123 is a seller's market

Buyer's
Market

Difference Since December 2021

Since last year, 46123 has remained a Seller's Market.

Key Takeaway

46123 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 46123, IN cost?

Median Sold Price

$327,659

$146/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2021

+$28,659(+9.6%)

Key Takeaway

Homes in 46123 have sold for 9.6% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2021Dec 2022%
1 $120K-
N/A
2 $195K$209.9K
+7.6%
3 $260K$284.6K
+9.5%
4 $340K$375K
+10.3%
5+ $380K$439.5K
+15.7%

Median Sold Price Compared To Nearby Zip Codes

46168
+23.6%
46112
+14.9%
46234
+14.5%
46231
+12.8%
46123
+9.6%

How many homes are available in 46123, IN?

Number of Homes For Sale

Nov 2022Dec 2022%
140124-11.4%

Homes For Sale By Bedroom Count

# BEDSNov 2022Dec 2022%
1 11
0.0%
2 1613
-18.8%
3 6159
-3.3%
4 4540
-11.1%
5+ 1711
-35.3%

Number of Homes Sold

Nov 2022Dec 2022%
5039-22.0%

Asking Price vs. Sold Price

26 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 46123, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Average Sale Time

Dec 2021Dec 2022%
11 Days51 Days+353.8%

Breakdown of Home Sale Times

17 Homes Were Sold
Under 30 Days

13 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 46123 are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About 46123, IN

46123, IN has 124 homes for sale to choose from. Between November 2022 and December 2022, 46123, IN real estate market has seen decrease in the number of listings by 11.4%. In December 2022, listings were on the market for 51 days. During the same period, the median list price in this real estate market was $327,659. Between November 2022 and December 2022, listing prices of homes in this real estate market have seen the following changes: the cost of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties went up by 7.6%, prices of 3 bedrooms properties increased by 9.5%, prices of 4 bedrooms properties went up by 10.3%, the cost of 5 bedrooms properties went up by 15.7%. Volume of homes for sale changed: the quantity of 1 bedroom homes have not changed, 2 bedrooms homes inventory decreased by 18.8%, volume of 3 bedrooms homes went down by 3.3%, the quantity of 4 bedrooms homes went down by 11.1%, 5 bedrooms homes became 35.3% less available. While more than 5 listings in 46123, IN in December 2022 were sold above asking price, there were more than 8 listings sold at asking price, and more than 26 were sold below.