Is 46168, 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, 46168 has remained a Seller's Market.
Housing Prices in 46168, IN
How much do homes in 46168, IN cost?
Median Sold Price
$315,000
$156/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 46168 was $315,000 in March 2024, down 3.1% from last year, and the median price per square foot was $156.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $163K | $121.5K | -25.5% |
2 Bedrooms | $254K | $277K | +9.1% |
3 Bedrooms | $278K | $285K | +2.5% |
4 Bedrooms | $385K | $375K | -2.6% |
5+ Bedrooms | $461K | $480K | +4.1% |
Summary: 46168 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 25.5%, 2 bedroom homes increased by 9.1%, 3 bedroom homes increased by 2.5%, 4 bedroom homes decreased by 2.6%, and 5+ bedroom homes increased by 4.1%.
Housing Supply in 46168, IN
How many homes are available in 46168, IN?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
113 | 131 | +15.9% |
Summary: The 46168 real estate market had 131 homes for sale in March 2024, a 15.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 9 | 7 | -22.2% |
3 Bedrooms | 46 | 54 | +17.4% |
4 Bedrooms | 38 | 50 | +31.6% |
5+ Bedrooms | 19 | 19 | 0.0% |
Summary: The 46168 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 22.2%, 3 bedroom homes increased by 17.4%, 4 bedroom homes increased by 31.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
26 | 41 | +57.7% |
Asking Price vs. Sold Price
21 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 41 homes were sold or pending in 46168 in March 2024, up by 57.7% month-over-month. Of the 41 sold homes, 51% were sold under asking, 27% were sold at asking, and 22% were sold over asking.
Days on Market for 46168, IN
How long does it take to sell a home in 46168, IN?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
37 Days | 40 Days | +7.1% |
Summary: Homes in 46168 had an average of 40 days on market in Mar 2024, up by 7.1% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During March 2024, 41 homes were sold in 46168; 56% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.