Is 46158, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 46158 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 46158 has remained a Seller's Market.

Key Takeaway

46158 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

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

+$8,625(+3.3%)

Key Takeaway

Homes in 46158 have sold for 3.3% more than they did a year ago.

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

# BEDSMar 2023Mar 2024CHANGE
1 $135K$154K
+14.1%
2 $186K$222.8K
+19.8%
3 $260K$261K
0.4%
4 $323K$346K
+7.1%
5+ $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%.

Median Sold Price Compared To Nearby Zip Codes

46158
+3.3%
46151
+3.2%
46113
+0.7%
46168
-3.1%

Housing Supply in 46158, IN

How many homes are available in 46158, IN?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
5553-3.6%

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

# BEDSFeb 2024Mar 2024CHANGE
1 01
+100.0%
2 88
0.0%
3 3028
-6.7%
4 1311
-15.4%
5+ 45
+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 2024Mar 2024CHANGE
16160.0%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 46158, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.

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 2023Mar 2024CHANGE
29 Days57 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

Breakdown of Home Sale Times

Key Takeaway

Many homes in 46158 are selling fast, if you're buying plan to act quickly.

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.

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 46158, IN

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