Is 46234, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 46234 has remained a Seller's Market.
Housing Prices in 46234, IN
How much do homes in 46234, IN cost?
Median Sold Price
$275,000
$145/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 46234 was $275,000 in April 2024, up 1.9% from last year, and the median price per square foot was $145.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $62.6K | $301.5K | +381.7% |
2 Bedrooms | $213K | $195.9K | -8.0% |
3 Bedrooms | $260.3K | $250K | -4.0% |
4 Bedrooms | $311K | $310K | -0.3% |
5+ Bedrooms | $421K | $355K | -15.7% |
Summary: 46234 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 381.7%, 2 bedroom homes decreased by 8%, 3 bedroom homes decreased by 4%, 4 bedroom homes decreased by 0.3%, and 5+ bedroom homes decreased by 15.7%.
Housing Supply in 46234, IN
How many homes are available in 46234, IN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
107 | 102 | -4.7% |
Summary: The 46234 real estate market had 102 homes for sale in April 2024, a 4.7% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 12 | 7 | -41.7% |
3 Bedrooms | 49 | 47 | -4.1% |
4 Bedrooms | 25 | 28 | +12.0% |
5+ Bedrooms | 20 | 20 | 0.0% |
Summary: The 46234 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 41.7%, 3 bedroom homes decreased by 4.1%, 4 bedroom homes increased by 12%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
36 | 32 | -11.1% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 32 homes were sold or pending in 46234 in April 2024, down by 11.1% month-over-month. Of the 32 sold homes, 50% were sold under asking, 28% were sold at asking, and 22% were sold over asking.
Days on Market for 46234, IN
How long does it take to sell a home in 46234, IN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
22 Days | 34 Days | +56.8% |
Summary: Homes in 46234 had an average of 34 days on market in Apr 2024, up by 56.8% compared to last year.
Breakdown of Home Sale Times
22 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During April 2024, 32 homes were sold in 46234; 69% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.