Is 46123, 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, 46123 has remained a Seller's Market.
Housing Prices in 46123, IN
How much do homes in 46123, IN cost?
Median Sold Price
$334,700
$149/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 46123 was $334,700 in March 2024, up 1.8% from last year, and the median price per square foot was $149.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $155K | $127K | -18.1% |
2 Bedrooms | $240K | $243.5K | +1.5% |
3 Bedrooms | $285.6K | $289.9K | +1.5% |
4 Bedrooms | $375K | $370K | -1.3% |
5+ Bedrooms | $447K | $445K | -0.4% |
Summary: 46123 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 18.1%, 2 bedroom homes increased by 1.5%, 3 bedroom homes increased by 1.5%, 4 bedroom homes decreased by 1.3%, and 5+ bedroom homes decreased by 0.4%.
Housing Supply in 46123, IN
How many homes are available in 46123, IN?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
147 | 150 | +2.0% |
Summary: The 46123 real estate market had 150 homes for sale in March 2024, a 2.0% 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 | 13 | 14 | +7.7% |
3 Bedrooms | 60 | 68 | +13.3% |
4 Bedrooms | 57 | 56 | -1.8% |
5+ Bedrooms | 17 | 12 | -29.4% |
Summary: The 46123 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 7.7%, 3 bedroom homes increased by 13.3%, 4 bedroom homes decreased by 1.8%, and 5+ bedroom homes decreased by 29.4%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
41 | 52 | +26.8% |
Asking Price vs. Sold Price
30 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Summary: A total of 52 homes were sold or pending in 46123 in March 2024, up by 26.8% month-over-month. Of the 52 sold homes, 58% were sold under asking, 17% were sold at asking, and 25% were sold over asking.
Days on Market for 46123, IN
How long does it take to sell a home in 46123, IN?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
34 Days | 34 Days | -0.5% |
Summary: Homes in 46123 had an average of 34 days on market in Mar 2024, down by 0.5% compared to last year.
Breakdown of Home Sale Times
32 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During March 2024, 52 homes were sold in 46123; 62% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.