Is 46229, 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, 46229 has remained a Seller's Market.
Housing Prices in 46229, IN
How much do homes in 46229, IN cost?
Median Sold Price
$215,000
$127/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 46229 was $215,000 in March 2024, up 3.5% from last year, and the median price per square foot was $127.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $90K | - | N/A |
2 Bedrooms | $160K | $169K | +5.6% |
3 Bedrooms | $205K | $210K | +2.4% |
4 Bedrooms | $239K | $259.9K | +8.7% |
5+ Bedrooms | $350K | $268K | -23.4% |
Summary: 46229 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.6%, 3 bedroom homes increased by 2.4%, 4 bedroom homes increased by 8.7%, and 5+ bedroom homes decreased by 23.4%.
Housing Supply in 46229, IN
How many homes are available in 46229, IN?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
97 | 99 | +2.1% |
Summary: The 46229 real estate market had 99 homes for sale in March 2024, a 2.1% increase 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 | 14 | 14 | 0.0% |
3 Bedrooms | 52 | 50 | -3.8% |
4 Bedrooms | 26 | 30 | +15.4% |
5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The 46229 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 remained the same, 3 bedroom homes decreased by 3.8%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
26 | 34 | +30.8% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 34 homes were sold or pending in 46229 in March 2024, up by 30.8% month-over-month. Of the 34 sold homes, 32% were sold under asking, 44% were sold at asking, and 24% were sold over asking.
Days on Market for 46229, IN
How long does it take to sell a home in 46229, IN?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
32 Days | 34 Days | +6.2% |
Summary: Homes in 46229 had an average of 34 days on market in Mar 2024, up by 6.2% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During March 2024, 34 homes were sold in 46229; 56% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.