Is 46168, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 46168 is a seller's market

Buyer's
Market

Difference Since October 2021

Since last year, 46168 has remained a Seller's Market.

Key Takeaway

46168 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 46168, IN cost?

Median Sold Price

$322,500

$146/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$58,843(+22.3%)

Key Takeaway

Homes in 46168 have sold for 22.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 $233.1K$125K
-46.4%
2 $203K$217.3K
+7.1%
3 $235K$275K
+17.0%
4 $309.5K$385K
+24.4%
5+ $360K$440K
+22.2%

Median Sold Price Compared To Nearby Zip Codes

46168
+22.3%
46113
+19.7%
46231
+17.9%
46123
+15.3%
46118
+7.0%

How many homes are available in 46168, IN?

Number of Homes For Sale

Sep 2022Oct 2022%
151136-9.9%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 00
0.0%
2 1715
-11.8%
3 5959
0.0%
4 5346
-13.2%
5+ 2216
-27.3%

Number of Homes Sold

Sep 2022Oct 2022%
4735-25.5%

Asking Price vs. Sold Price

20 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 46168, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Oct 2022%
8 Days33 Days+308.3%

Breakdown of Home Sale Times

20 Homes Were Sold
Under 30 Days

12 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 46168 are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About 46168, IN

Homes for sale in 46168, IN have reached 136. The inventory of homes for sale in 46168, IN between September 2022 and October 2022 decreased by 9.9%. Listings spent 33 days on the market in October 2022, and had a median list price of $322,500 during the same period. This housing market listing prices have changed between September 2022 and October 2022: prices of 1 bedroom properties went down by 46.4%, 2 bedrooms properties prices increased by 7.1%, 3 bedrooms properties became 17% more expensive, the cost of 4 bedrooms properties went up by 24.4%, the cost of 5 bedrooms properties went up by 22.2%. This housing market inventory have changed: 1 bedroom homes inventory did not change, 2 bedrooms homes inventory decreased by 11.8%, volume of 3 bedrooms homes stayed the same, 4 bedrooms homes became 13.2% less available, volume of 5 bedrooms homes went down by 27.3%. In October 2022, from all listings sold in 46168, IN there were more than 10 sold above asking price, over 20 sold below and more than 5 were sold right at the asked price.