Is 46167, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 46167 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 46167 has remained a Seller's Market.

Key Takeaway

46167 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 46167, IN

How much do homes in 46167, IN cost?

Median Sold Price

$349,950

$167/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$9,950(+2.9%)

Key Takeaway

Homes in 46167 have sold for 2.9% more than they did a year ago.

Summary: The median home sold price in 46167 was $349,950 in March 2024, up 2.9% from last year, and the median price per square foot was $167.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $275.4K$277K
+0.6%
3 $323.7K$310K
-4.2%
4 $347.5K$396.5K
+14.1%
5+ $402K$453K
+12.7%

Summary: 46167 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 0.6%, 3 bedroom homes decreased by 4.2%, 4 bedroom homes increased by 14.1%, and 5+ bedroom homes increased by 12.7%.

Median Sold Price Compared To Nearby Zip Codes

46052
+16.5%
46112
+11.7%
46167
+2.9%
46122
+2.2%

Housing Supply in 46167, IN

How many homes are available in 46167, IN?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1219+58.3%

Summary: The 46167 real estate market had 19 homes for sale in March 2024, a 58.3% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 37
+133.3%
4 79
+28.6%
5+ 13
+200.0%

Summary: The 46167 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 decreased by 100%, 3 bedroom homes increased by 133.3%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes increased by 200%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
14+300.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 46167, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 46167 in March 2024, up by 300.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for 46167, IN

How long does it take to sell a home in 46167, IN?

Average Sale Time

Mar 2023Mar 2024CHANGE
41 Days89 Days+114.1%

Summary: Homes in 46167 had an average of 89 days on market in Mar 2024, up by 114.1% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 46167 has remained consistent over time.

Summary: During March 2024, 4 homes were sold in 46167; 25% of homes were sold within 30 days, 50% 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 28 Days Ago

Newest Listings in 46167, IN

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