Is 46181, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 46181 was a Seller's Market.
Housing Prices in 46181, IN
How much do homes in 46181, IN cost?
Median Sold Price
$326,500
$179/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 46181 was $326,500 in March 2024, up 5.7% from last year, and the median price per square foot was $179.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $358K | - | N/A |
2 Bedrooms | $236K | $200K | -15.3% |
3 Bedrooms | $289.9K | $320.2K | +10.5% |
4 Bedrooms | $430K | $334.9K | -22.1% |
5+ Bedrooms | $527.5K | $767.5K | +45.5% |
Summary: 46181 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 decreased by 15.3%, 3 bedroom homes increased by 10.5%, 4 bedroom homes decreased by 22.1%, and 5+ bedroom homes increased by 45.5%.
Housing Supply in 46181, IN
How many homes are available in 46181, IN?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
16 | 21 | +31.3% |
Summary: The 46181 real estate market had 21 homes for sale in March 2024, a 31.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 0 | 3 | +100.0% |
3 Bedrooms | 11 | 12 | +9.1% |
4 Bedrooms | 3 | 4 | +33.3% |
5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The 46181 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
3 | 3 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in 46181 in March 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.
Days on Market for 46181, IN
How long does it take to sell a home in 46181, IN?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
33 Days | 63 Days | +87.4% |
Summary: Homes in 46181 had an average of 63 days on market in Mar 2024, up by 87.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 3 homes were sold in 46181; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.