Is 46158, 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, 46158 has remained a Seller's Market.
Housing Prices in 46158, IN
How much do homes in 46158, IN cost?
Median Sold Price
$269,000
$162/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 46158 was $269,000 in March 2024, up 3.3% from last year, and the median price per square foot was $162.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $135K | $154K | +14.1% |
2 Bedrooms | $186K | $222.8K | +19.8% |
3 Bedrooms | $260K | $261K | 0.4% |
4 Bedrooms | $323K | $346K | +7.1% |
5+ Bedrooms | $475K | $569.9K | +20.0% |
Summary: 46158 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.1%, 2 bedroom homes increased by 19.8%, 3 bedroom homes increased by 0.4%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes increased by 20%.
Housing Supply in 46158, IN
How many homes are available in 46158, IN?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
55 | 53 | -3.6% |
Summary: The 46158 real estate market had 53 homes for sale in March 2024, a 3.6% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 8 | 8 | 0.0% |
3 Bedrooms | 30 | 28 | -6.7% |
4 Bedrooms | 13 | 11 | -15.4% |
5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The 46158 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 6.7%, 4 bedroom homes decreased by 15.4%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
16 | 16 | 0.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 16 homes were sold or pending in 46158 in March 2024, the same as the previous month. Of the 16 sold homes, 63% were sold under asking, 25% were sold at asking, and 13% were sold over asking.
Days on Market for 46158, IN
How long does it take to sell a home in 46158, IN?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
29 Days | 57 Days | +91.7% |
Summary: Homes in 46158 had an average of 57 days on market in Mar 2024, up by 91.7% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During March 2024, 16 homes were sold in 46158; 44% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.