Is 46147, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 46147 is a neutral's market

Buyer's
Market

Difference Since March 2023

At the same time last year, 46147 was a Seller's Market.

Key Takeaway

46147 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 46147, IN

How much do homes in 46147, IN cost?

Median Sold Price

$244,000

$156/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$21,750(+9.8%)

Key Takeaway

Homes in 46147 have sold for 9.8% more than they did a year ago.

Summary: The median home sold price in 46147 was $244,000 in March 2024, up 9.8% from last year, and the median price per square foot was $156.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $180K$186K
+3.3%
3 $218.2K$282.5K
+29.4%
4 $337.5K$279.5K
-17.2%
5+ $196K-
N/A

Summary: 46147 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 3.3%, 3 bedroom homes increased by 29.4%, 4 bedroom homes decreased by 17.2%, and 5+ bedroom homes did not change.

Housing Supply in 46147, IN

How many homes are available in 46147, IN?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
76-14.3%

Summary: The 46147 real estate market had 6 homes for sale in March 2024, a 14.3% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 00
0.0%
3 43
-25.0%
4 33
0.0%
5+ 00
0.0%

Summary: The 46147 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 decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 46147, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in 46147 in March 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 46147, IN

How long does it take to sell a home in 46147, IN?

Average Sale Time

Mar 2023Mar 2024CHANGE
101 Days76 Days-24.8%

Summary: Homes in 46147 had an average of 76 days on market in Mar 2024, down by 24.8% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 46147 has remained consistent over time.

Summary: During March 2024, 1 homes were sold in 46147; 0% of homes were sold within 30 days, 100% 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 27 Days Ago

Newest Listings in 46147, IN

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