Is 46140, 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, 46140 has remained a Seller's Market.
Housing Prices in 46140, IN
How much do homes in 46140, IN cost?
Median Sold Price
$277,500
$145/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 46140 was $277,500 in March 2024, up 4.7% from last year, and the median price per square foot was $145.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $104.7K | $30K | -71.4% |
2 Bedrooms | $178.7K | $204K | +14.1% |
3 Bedrooms | $253.4K | $255.3K | +0.7% |
4 Bedrooms | $314.9K | $304.9K | -3.2% |
5+ Bedrooms | $352.9K | $340K | -3.7% |
Summary: 46140 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 71.4%, 2 bedroom homes increased by 14.1%, 3 bedroom homes increased by 0.7%, 4 bedroom homes decreased by 3.2%, and 5+ bedroom homes decreased by 3.7%.
Median Sold Price Compared To Nearby Zip Codes
46140 | $264.9K | $277.5K | +4.7% |
46163 | $365K | $364K | -0.3% |
Housing Supply in 46140, IN
How many homes are available in 46140, IN?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
158 | 164 | +3.8% |
Summary: The 46140 real estate market had 164 homes for sale in March 2024, a 3.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 20 | 22 | +10.0% |
3 Bedrooms | 77 | 82 | +6.5% |
4 Bedrooms | 47 | 47 | 0.0% |
5+ Bedrooms | 13 | 13 | 0.0% |
Summary: The 46140 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 10%, 3 bedroom homes increased by 6.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
29 | 46 | +58.6% |
Asking Price vs. Sold Price
27 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 46 homes were sold or pending in 46140 in March 2024, up by 58.6% month-over-month. Of the 46 sold homes, 59% were sold under asking, 24% were sold at asking, and 17% were sold over asking.
Days on Market for 46140, IN
How long does it take to sell a home in 46140, IN?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
61 Days | 44 Days | -27.5% |
Summary: Homes in 46140 had an average of 44 days on market in Mar 2024, down by 27.5% compared to last year.
Breakdown of Home Sale Times
29 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, 46 homes were sold in 46140; 63% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.