Is 46222, 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, 46222 has remained a Seller's Market.
Housing Prices in 46222, IN
How much do homes in 46222, IN cost?
Median Sold Price
$136,125
$96/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 46222 was $136,125 in March 2024, up 0.8% from last year, and the median price per square foot was $96.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $64.2K | $120K | +86.9% |
2 Bedrooms | $107K | $105K | -1.9% |
3 Bedrooms | $150K | $151K | +0.7% |
4 Bedrooms | $162.4K | $160K | -1.5% |
5+ Bedrooms | $354.9K | $210K | -40.8% |
Summary: 46222 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 86.9%, 2 bedroom homes decreased by 1.9%, 3 bedroom homes increased by 0.7%, 4 bedroom homes decreased by 1.5%, and 5+ bedroom homes decreased by 40.8%.
Housing Supply in 46222, IN
How many homes are available in 46222, IN?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
104 | 113 | +8.7% |
Summary: The 46222 real estate market had 113 homes for sale in March 2024, a 8.7% 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 | 30 | 42 | +40.0% |
3 Bedrooms | 61 | 58 | -4.9% |
4 Bedrooms | 11 | 10 | -9.1% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 46222 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 40%, 3 bedroom homes decreased by 4.9%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
29 | 30 | +3.4% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 30 homes were sold or pending in 46222 in March 2024, up by 3.4% month-over-month. Of the 30 sold homes, 43% were sold under asking, 27% were sold at asking, and 30% were sold over asking.
Days on Market for 46222, IN
How long does it take to sell a home in 46222, IN?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
85 Days | 33 Days | -60.6% |
Summary: Homes in 46222 had an average of 33 days on market in Mar 2024, down by 60.6% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During March 2024, 30 homes were sold in 46222; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.