Is 46219, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 46219 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 46219 has remained a Seller's Market.

Key Takeaway

46219 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 46219, IN

How much do homes in 46219, IN cost?

Median Sold Price

$193,000

$113/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$5,750(+3.1%)

Key Takeaway

Homes in 46219 have sold for 3.1% more than they did a year ago.

Summary: The median home sold price in 46219 was $193,000 in March 2024, up 3.1% from last year, and the median price per square foot was $113.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $109.9K$90K
-18.1%
2 $165K$173K
+4.8%
3 $189.9K$190K
0.1%
4 $247.1K$227K
-8.1%
5+ $180K$295.8K
+64.4%

Summary: 46219 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 18.1%, 2 bedroom homes increased by 4.8%, 3 bedroom homes increased by 0.1%, 4 bedroom homes decreased by 8.1%, and 5+ bedroom homes increased by 64.4%.

Median Sold Price Compared To Nearby Zip Codes

46219
+3.1%
46218
+2.9%
46226
+1.5%
46201
-0.2%
46203
-1.1%

Housing Supply in 46219, IN

How many homes are available in 46219, IN?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
117138+17.9%

Summary: The 46219 real estate market had 138 homes for sale in March 2024, a 17.9% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 10
-100.0%
2 3542
+20.0%
3 5873
+25.9%
4 1616
0.0%
5+ 77
0.0%

Summary: The 46219 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 25.9%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
2742+55.6%

Asking Price vs. Sold Price

21 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 46219, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 42 homes were sold or pending in 46219 in March 2024, up by 55.6% month-over-month. Of the 42 sold homes, 50% were sold under asking, 21% were sold at asking, and 29% were sold over asking.

Days on Market for 46219, IN

How long does it take to sell a home in 46219, IN?

Average Sale Time

Mar 2023Mar 2024CHANGE
65 Days42 Days-36.2%

Summary: Homes in 46219 had an average of 42 days on market in Mar 2024, down by 36.2% compared to last year.

Breakdown of Home Sale Times

27 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

9 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 46219 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 42 homes were sold in 46219; 64% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 21% 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 27 Days Ago

Newest Listings in 46219, IN

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