Is 46176, 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, 46176 has remained a Seller's Market.
Housing Prices in 46176, IN
How much do homes in 46176, IN cost?
Median Sold Price
$200,000
$125/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 46176 was $200,000 in March 2024, down 1.7% from last year, and the median price per square foot was $125.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $125.7K | $145.5K | +15.7% |
3 Bedrooms | $204K | $207.4K | +1.7% |
4 Bedrooms | $280K | $249.9K | -10.8% |
5+ Bedrooms | $369K | $386K | +4.6% |
Summary: 46176 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 15.7%, 3 bedroom homes increased by 1.7%, 4 bedroom homes decreased by 10.8%, and 5+ bedroom homes increased by 4.6%.
Median Sold Price Compared To Nearby Zip Codes
46126 | $223.9K | $260K | +16.1% |
46176 | $203.3K | $200K | -1.7% |
Housing Supply in 46176, IN
How many homes are available in 46176, IN?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
77 | 76 | -1.3% |
Summary: The 46176 real estate market had 76 homes for sale in March 2024, a 1.3% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 17 | 16 | -5.9% |
3 Bedrooms | 35 | 33 | -5.7% |
4 Bedrooms | 16 | 17 | +6.3% |
5+ Bedrooms | 9 | 10 | +11.1% |
Summary: The 46176 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 5.9%, 3 bedroom homes decreased by 5.7%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes increased by 11.1%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
20 | 23 | +15.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 23 homes were sold or pending in 46176 in March 2024, up by 15.0% month-over-month. Of the 23 sold homes, 43% were sold under asking, 30% were sold at asking, and 26% were sold over asking.
Days on Market for 46176, IN
How long does it take to sell a home in 46176, IN?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
116 Days | 54 Days | -52.7% |
Summary: Homes in 46176 had an average of 54 days on market in Mar 2024, down by 52.7% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During March 2024, 23 homes were sold in 46176; 70% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.