Is 46237, 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, 46237 has remained a Seller's Market.
Housing Prices in 46237, IN
How much do homes in 46237, IN cost?
Median Sold Price
$255,000
$148/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 46237 was $255,000 in March 2024, down 1.9% from last year, and the median price per square foot was $148.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $209.7K | - | N/A |
2 Bedrooms | $190K | $191.7K | +0.9% |
3 Bedrooms | $250.1K | $250K | 0% |
4 Bedrooms | $320K | $309.9K | -3.2% |
5+ Bedrooms | $367.5K | $384.9K | +4.8% |
Summary: 46237 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 0.9%, 3 bedroom homes did not change, 4 bedroom homes decreased by 3.2%, and 5+ bedroom homes increased by 4.8%.
Housing Supply in 46237, IN
How many homes are available in 46237, IN?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
146 | 186 | +27.4% |
Summary: The 46237 real estate market had 186 homes for sale in March 2024, a 27.4% 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 | 25 | 34 | +36.0% |
3 Bedrooms | 75 | 95 | +26.7% |
4 Bedrooms | 44 | 53 | +20.5% |
5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The 46237 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 increased by 36%, 3 bedroom homes increased by 26.7%, 4 bedroom homes increased by 20.5%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
30 | 54 | +80.0% |
Asking Price vs. Sold Price
28 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 54 homes were sold or pending in 46237 in March 2024, up by 80.0% month-over-month. Of the 54 sold homes, 52% were sold under asking, 30% were sold at asking, and 19% were sold over asking.
Days on Market for 46237, IN
How long does it take to sell a home in 46237, IN?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
34 Days | 34 Days | -0.6% |
Summary: Homes in 46237 had an average of 34 days on market in Mar 2024, down by 0.6% compared to last year.
Breakdown of Home Sale Times
39 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Summary: During March 2024, 54 homes were sold in 46237; 72% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.