Is 46143, 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, 46143 has remained a Seller's Market.
Housing Prices in 46143, IN
How much do homes in 46143, IN cost?
Median Sold Price
$310,000
$150/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 46143 was $310,000 in March 2024, down 1.6% from last year, and the median price per square foot was $150.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $153K | $172.5K | +12.7% |
2 Bedrooms | $200K | $227.5K | +13.8% |
3 Bedrooms | $269.9K | $271.9K | +0.7% |
4 Bedrooms | $365K | $369.9K | +1.4% |
5+ Bedrooms | $467K | $452K | -3.2% |
Summary: 46143 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.7%, 2 bedroom homes increased by 13.8%, 3 bedroom homes increased by 0.7%, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes decreased by 3.2%.
Housing Supply in 46143, IN
How many homes are available in 46143, IN?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
201 | 213 | +6.0% |
Summary: The 46143 real estate market had 213 homes for sale in March 2024, a 6.0% 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 | 23 | 24 | +4.3% |
3 Bedrooms | 76 | 78 | +2.6% |
4 Bedrooms | 62 | 74 | +19.4% |
5+ Bedrooms | 40 | 37 | -7.5% |
Summary: The 46143 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 4.3%, 3 bedroom homes increased by 2.6%, 4 bedroom homes increased by 19.4%, and 5+ bedroom homes decreased by 7.5%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
48 | 56 | +16.7% |
Asking Price vs. Sold Price
31 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Summary: A total of 56 homes were sold or pending in 46143 in March 2024, up by 16.7% month-over-month. Of the 56 sold homes, 55% were sold under asking, 23% were sold at asking, and 21% were sold over asking.
Days on Market for 46143, IN
How long does it take to sell a home in 46143, IN?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
60 Days | 50 Days | -16.8% |
Summary: Homes in 46143 had an average of 50 days on market in Mar 2024, down by 16.8% compared to last year.
Breakdown of Home Sale Times
31 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Summary: During March 2024, 56 homes were sold in 46143; 55% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.