Is 46250, 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, 46250 has remained a Seller's Market.
Housing Prices in 46250, IN
How much do homes in 46250, IN cost?
Median Sold Price
$300,000
$158/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 46250 was $300,000 in March 2024, up 12.1% from last year, and the median price per square foot was $158.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $168.5K | - | N/A |
2 Bedrooms | $205K | $215K | +4.9% |
3 Bedrooms | $277.4K | $288K | +3.8% |
4 Bedrooms | $379.9K | $419.5K | +10.4% |
5+ Bedrooms | $500K | $432.8K | -13.4% |
Summary: 46250 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 4.9%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 10.4%, and 5+ bedroom homes decreased by 13.4%.
Housing Supply in 46250, IN
How many homes are available in 46250, IN?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
44 | 41 | -6.8% |
Summary: The 46250 real estate market had 41 homes for sale in March 2024, a 6.8% decrease 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 | 13 | 11 | -15.4% |
3 Bedrooms | 14 | 18 | +28.6% |
4 Bedrooms | 14 | 9 | -35.7% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The 46250 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 15.4%, 3 bedroom homes increased by 28.6%, 4 bedroom homes decreased by 35.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
14 | 14 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 14 homes were sold or pending in 46250 in March 2024, the same as the previous month. Of the 14 sold homes, 29% were sold under asking, 29% were sold at asking, and 43% were sold over asking.
Days on Market for 46250, IN
How long does it take to sell a home in 46250, IN?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
42 Days | 32 Days | -23.8% |
Summary: Homes in 46250 had an average of 32 days on market in Mar 2024, down by 23.8% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 14 homes were sold in 46250; 64% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.