Is 46164, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 46164 is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, 46164 was a Seller's Market.

Key Takeaway

46164 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 46164, IN

How much do homes in 46164, IN cost?

Median Sold Price

$329,500

$191/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$19,500(+6.3%)

Key Takeaway

Homes in 46164 have sold for 6.3% more than they did a year ago.

Summary: The median home sold price in 46164 was $329,500 in March 2024, up 6.3% from last year, and the median price per square foot was $191.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $470K$265K
-43.6%
2 $278.5K$380K
+36.4%
3 $280K$300K
+7.1%
4 $374.9K$1.0M
+186.7%
5+ $410K$350K
-14.6%

Summary: 46164 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 43.6%, 2 bedroom homes increased by 36.4%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 186.7%, and 5+ bedroom homes decreased by 14.6%.

Median Sold Price Compared To Nearby Zip Codes

46160
+33.6%
47448
+10.7%
46164
+6.3%
46181
+5.7%
46124
-0.7%

Housing Supply in 46164, IN

How many homes are available in 46164, IN?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
4143+4.9%

Summary: The 46164 real estate market had 43 homes for sale in March 2024, a 4.9% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 2020
0.0%
3 1717
0.0%
4 46
+50.0%
5+ 00
0.0%

Summary: The 46164 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 remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
76-14.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 46164, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in 46164 in March 2024, down by 14.3% month-over-month. Of the 6 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for 46164, IN

How long does it take to sell a home in 46164, IN?

Average Sale Time

Mar 2023Mar 2024CHANGE
53 Days44 Days-17.3%

Summary: Homes in 46164 had an average of 44 days on market in Mar 2024, down by 17.3% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 46164 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 6 homes were sold in 46164; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% 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 17 Days Ago

Newest Listings in 46164, IN

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