Is 46184, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 46184 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 46184 has remained a Seller's Market.

Key Takeaway

46184 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 46184, IN

How much do homes in 46184, IN cost?

Median Sold Price

$260,000

$153/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$666(+0.3%)

Key Takeaway

The sold price of homes in 46184 has remained the same since last year.

Summary: The median home sold price in 46184 was $260,000 in April 2024, up 0.3% from last year, and the median price per square foot was $153.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $195.6K$197.5K
+1.0%
3 $234K$240K
+2.6%
4 $300K$305.5K
+1.8%
5+ $405.3K$415K
+2.4%

Summary: 46184 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 increased by 1%, 3 bedroom homes increased by 2.6%, 4 bedroom homes increased by 1.8%, and 5+ bedroom homes increased by 2.4%.

Median Sold Price Compared To Nearby Zip Codes

46131
+6.1%
46184
0.3%
46143
-1.5%

Housing Supply in 46184, IN

How many homes are available in 46184, IN?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
71710.0%

Summary: The 46184 real estate market had 71 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 2829
+3.6%
4 2524
-4.0%
5+ 1617
+6.3%

Summary: The 46184 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 50%, 3 bedroom homes increased by 3.6%, 4 bedroom homes decreased by 4%, and 5+ bedroom homes increased by 6.3%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1927+42.1%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 46184, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.

Summary: A total of 27 homes were sold or pending in 46184 in April 2024, up by 42.1% month-over-month. Of the 27 sold homes, 56% were sold under asking, 19% were sold at asking, and 26% were sold over asking.

Days on Market for 46184, IN

How long does it take to sell a home in 46184, IN?

Average Sale Time

Apr 2023Apr 2024CHANGE
45 Days38 Days-16.2%

Summary: Homes in 46184 had an average of 38 days on market in Apr 2024, down by 16.2% compared to last year.

Breakdown of Home Sale Times

16 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 46184 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 27 homes were sold in 46184; 59% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.

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

Report Updated 1 Day Ago

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