Is 46259, 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, 46259 has remained a Seller's Market.
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
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $127K | - | N/A |
2 Bedrooms | $230.5K | $245K | +6.3% |
3 Bedrooms | $290K | $304.9K | +5.2% |
4 Bedrooms | $402.5K | $375K | -6.8% |
5+ Bedrooms | $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%.
Housing Supply in 46259, IN
How many homes are available in 46259, IN?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
62 | 62 | 0.0% |
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
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 7 | 6 | -14.3% |
3 Bedrooms | 21 | 17 | -19.0% |
4 Bedrooms | 27 | 28 | +3.7% |
5+ Bedrooms | 7 | 11 | +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 2024 | Mar 2024 | CHANGE |
---|---|---|
16 | 18 | +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
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 2023 | Mar 2024 | CHANGE |
---|---|---|
15 Days | 43 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
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.