Is 46126, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 46126 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 46126 has remained a Seller's Market.

Key Takeaway

46126 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 46126, IN

How much do homes in 46126, IN cost?

Median Sold Price

$260,000

$172/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$36,050(+16.1%)

Key Takeaway

Homes in 46126 have sold for 16.1% more than they did a year ago.

Summary: The median home sold price in 46126 was $260,000 in March 2024, up 16.1% from last year, and the median price per square foot was $172.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $228K-
N/A
2 $137.5K$154.9K
+12.7%
3 $165K$265K
+60.6%
4 $320K$345.5K
+8.0%
5+ $700K$432.5K
-38.2%

Summary: 46126 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 12.7%, 3 bedroom homes increased by 60.6%, 4 bedroom homes increased by 8%, and 5+ bedroom homes decreased by 38.2%.

Median Sold Price Compared To Nearby Zip Codes

46126
+16.1%
46259
0%
46163
-0.3%

Housing Supply in 46126, IN

How many homes are available in 46126, IN?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1016+60.0%

Summary: The 46126 real estate market had 16 homes for sale in March 2024, a 60.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 11
0.0%
3 57
+40.0%
4 26
+200.0%
5+ 22
0.0%

Summary: The 46126 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 increased by 40%, 4 bedroom homes increased by 200%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
15+400.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 46126, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in 46126 in March 2024, up by 400.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.

Days on Market for 46126, IN

How long does it take to sell a home in 46126, IN?

Average Sale Time

Mar 2023Mar 2024CHANGE
25 Days23 Days-5.7%

Summary: Homes in 46126 had an average of 23 days on market in Mar 2024, down by 5.7% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 46126 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 5 homes were sold in 46126; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 30 Days Ago

Newest Listings in 46126, IN

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