Is 46173, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 46173 was a Buyer's Market.
Housing Prices in 46173, IN
How much do homes in 46173, IN cost?
Median Sold Price
$146,750
$96/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 46173 was $146,750 in April 2024, down 2.2% from last year, and the median price per square foot was $96.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $90.1K | - | N/A |
2 Bedrooms | $101K | $99.9K | -1.0% |
3 Bedrooms | $156.2K | $177.7K | +13.8% |
4 Bedrooms | $179.9K | $199.9K | +11.1% |
5+ Bedrooms | $230K | $415K | +80.4% |
Summary: 46173 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1%, 3 bedroom homes increased by 13.8%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 80.4%.
Housing Supply in 46173, IN
How many homes are available in 46173, IN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
42 | 35 | -16.7% |
Summary: The 46173 real estate market had 35 homes for sale in April 2024, a 16.7% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 9 | 4 | -55.6% |
3 Bedrooms | 22 | 20 | -9.1% |
4 Bedrooms | 9 | 8 | -11.1% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The 46173 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 55.6%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
12 | 14 | +16.7% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 14 homes were sold or pending in 46173 in April 2024, up by 16.7% month-over-month. Of the 14 sold homes, 50% were sold under asking, 14% were sold at asking, and 36% were sold over asking.
Days on Market for 46173, IN
How long does it take to sell a home in 46173, IN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
73 Days | 50 Days | -31.1% |
Summary: Homes in 46173 had an average of 50 days on market in Apr 2024, down by 31.1% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 14 homes were sold in 46173; 50% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.