Is 46214, 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, 46214 has remained a Seller's Market.
Housing Prices in 46214, IN
How much do homes in 46214, IN cost?
Median Sold Price
$239,966
$142/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 46214 was $239,966 in March 2024, up 9.1% from last year, and the median price per square foot was $142.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $147.3K | $140.5K | -4.6% |
2 Bedrooms | $170K | $186K | +9.4% |
3 Bedrooms | $225K | $240K | +6.7% |
4 Bedrooms | $268K | $275K | +2.6% |
5+ Bedrooms | $312.5K | $373.5K | +19.5% |
Summary: 46214 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.6%, 2 bedroom homes increased by 9.4%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes increased by 19.5%.
Housing Supply in 46214, IN
How many homes are available in 46214, IN?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
70 | 48 | -31.4% |
Summary: The 46214 real estate market had 48 homes for sale in March 2024, a 31.4% 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 | 18 | 12 | -33.3% |
3 Bedrooms | 26 | 25 | -3.8% |
4 Bedrooms | 19 | 9 | -52.6% |
5+ Bedrooms | 7 | 2 | -71.4% |
Summary: The 46214 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 33.3%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes decreased by 52.6%, and 5+ bedroom homes decreased by 71.4%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
31 | 21 | -32.3% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 21 homes were sold or pending in 46214 in March 2024, down by 32.3% month-over-month. Of the 21 sold homes, 52% were sold under asking, 29% were sold at asking, and 19% were sold over asking.
Days on Market for 46214, IN
How long does it take to sell a home in 46214, IN?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
20 Days | 37 Days | +86.3% |
Summary: Homes in 46214 had an average of 37 days on market in Mar 2024, up by 86.3% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During March 2024, 21 homes were sold in 46214; 57% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.