Is 46235, 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, 46235 has remained a Seller's Market.
Housing Prices in 46235, IN
How much do homes in 46235, IN cost?
Median Sold Price
$220,000
$129/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 46235 was $220,000 in March 2024, up 12.8% from last year, and the median price per square foot was $129.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $16.2K | - | N/A |
2 Bedrooms | $136.4K | $192.5K | +41.1% |
3 Bedrooms | $190.5K | $209.9K | +10.1% |
4 Bedrooms | $239.1K | $238.5K | -0.3% |
5+ Bedrooms | $290K | $319.9K | +10.3% |
Summary: 46235 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 41.1%, 3 bedroom homes increased by 10.1%, 4 bedroom homes decreased by 0.3%, and 5+ bedroom homes increased by 10.3%.
Housing Supply in 46235, IN
How many homes are available in 46235, IN?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
85 | 87 | +2.4% |
Summary: The 46235 real estate market had 87 homes for sale in March 2024, a 2.4% 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 | 3 | 2 | -33.3% |
3 Bedrooms | 62 | 66 | +6.5% |
4 Bedrooms | 17 | 17 | 0.0% |
5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The 46235 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 increased by 6.5%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
20 | 27 | +35.0% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 27 homes were sold or pending in 46235 in March 2024, up by 35.0% month-over-month. Of the 27 sold homes, 56% were sold under asking, 26% were sold at asking, and 19% were sold over asking.
Days on Market for 46235, IN
How long does it take to sell a home in 46235, IN?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
33 Days | 19 Days | -40.6% |
Summary: Homes in 46235 had an average of 19 days on market in Mar 2024, down by 40.6% compared to last year.
Breakdown of Home Sale Times
22 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 27 homes were sold in 46235; 81% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.