Is 46157, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 46157 has remained a Seller's Market.
Housing Prices in 46157, IN
How much do homes in 46157, IN cost?
Median Sold Price
$283,000
$138/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 46157 was $283,000 in April 2024, up 3.7% from last year, and the median price per square foot was $138.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $85.7K | - | N/A |
2 Bedrooms | $180K | $247.5K | +37.5% |
3 Bedrooms | $250K | $258.7K | +3.5% |
4 Bedrooms | $292.6K | $285K | -2.6% |
5+ Bedrooms | $330K | $335K | +1.5% |
Summary: 46157 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 37.5%, 3 bedroom homes increased by 3.5%, 4 bedroom homes decreased by 2.6%, and 5+ bedroom homes increased by 1.5%.
Housing Supply in 46157, IN
How many homes are available in 46157, IN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
32 | 33 | +3.1% |
Summary: The 46157 real estate market had 33 homes for sale in April 2024, a 3.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 3 | 0.0% |
3 Bedrooms | 10 | 9 | -10.0% |
4 Bedrooms | 15 | 17 | +13.3% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The 46157 housing inventory by bedroom type for April 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 10%, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 9 | +28.6% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in 46157 in April 2024, up by 28.6% month-over-month. Of the 9 sold homes, 56% were sold under asking, 22% were sold at asking, and 22% were sold over asking.
Days on Market for 46157, IN
How long does it take to sell a home in 46157, IN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
29 Days | 21 Days | -26.1% |
Summary: Homes in 46157 had an average of 21 days on market in Apr 2024, down by 26.1% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 9 homes were sold in 46157; 89% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.