Is 46259, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 46259 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 46259 has remained a Seller's Market.

Key Takeaway

46259 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 46259, IN

How much do homes in 46259, IN cost?

Median Sold Price

$359,900

$136/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$50(0%)

Key Takeaway

The sold price of homes in 46259 has remained the same since last year.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $127K-
N/A
2 $230.5K$245K
+6.3%
3 $290K$304.9K
+5.2%
4 $402.5K$375K
-6.8%
5+ $523.6K$485K
-7.4%

Summary: 46259 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 6.3%, 3 bedroom homes increased by 5.2%, 4 bedroom homes decreased by 6.8%, and 5+ bedroom homes decreased by 7.4%.

Median Sold Price Compared To Nearby Zip Codes

46126
+16.1%
46259
0%
46239
-0.5%
46237
-1.9%

Housing Supply in 46259, IN

How many homes are available in 46259, IN?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
62620.0%

Summary: The 46259 real estate market had 62 homes for sale in March 2024, the same as February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 76
-14.3%
3 2117
-19.0%
4 2728
+3.7%
5+ 711
+57.1%

Summary: The 46259 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 14.3%, 3 bedroom homes decreased by 19%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes increased by 57.1%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1618+12.5%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 46259, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.

Summary: A total of 18 homes were sold or pending in 46259 in March 2024, up by 12.5% month-over-month. Of the 18 sold homes, 56% were sold under asking, 33% were sold at asking, and 11% were sold over asking.

Days on Market for 46259, IN

How long does it take to sell a home in 46259, IN?

Average Sale Time

Mar 2023Mar 2024CHANGE
15 Days43 Days+185.5%

Summary: Homes in 46259 had an average of 43 days on market in Mar 2024, up by 185.5% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 46259 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 18 homes were sold in 46259; 56% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 27 Days Ago

Newest Listings in 46259, IN

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