Is 46186, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 46186 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 46186 has remained a Seller's Market.

Key Takeaway

46186 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 46186, IN

How much do homes in 46186, IN cost?

Median Sold Price

$184,500

$100/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$5,500(-2.9%)

Key Takeaway

Homes in 46186 have sold for 2.9% less than they did a year ago.

Summary: The median home sold price in 46186 was $184,500 in April 2024, down 2.9% from last year, and the median price per square foot was $100.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $156K$100K
-35.9%
3 $165K$184.5K
+11.8%
4 $293K$208.5K
-28.8%
5+ $347.5K-
N/A

Summary: 46186 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 35.9%, 3 bedroom homes increased by 11.8%, 4 bedroom homes decreased by 28.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

46064
+13.3%
47384
+6.2%
46186
-2.9%

Housing Supply in 46186, IN

How many homes are available in 46186, IN?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
43-25.0%

Summary: The 46186 real estate market had 3 homes for sale in April 2024, a 25.0% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 22
0.0%
4 11
0.0%
5+ 00
0.0%

Summary: The 46186 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 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 46186, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in 46186 in April 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 46186, IN

How long does it take to sell a home in 46186, IN?

Average Sale Time

Apr 2023Apr 2024CHANGE
9 Days4 Days-55.6%

Summary: Homes in 46186 had an average of 4 days on market in Apr 2024, down by 55.6% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 46186 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 1 homes were sold in 46186; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 2 Days Ago

Newest Listings in 46186, IN

Nearby Markets to 46186, IN