Is 46280, 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, 46280 has remained a Seller's Market.
Housing Prices in 46280, IN
How much do homes in 46280, IN cost?
Median Sold Price
$355,000
$202/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 46280 was $355,000 in March 2024, up 18.3% from last year, and the median price per square foot was $202.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $197.5K | $202.4K | +2.5% |
2 Bedrooms | $293.5K | $315K | +7.3% |
3 Bedrooms | $295K | $335K | +13.6% |
4 Bedrooms | $382.5K | $445K | +16.3% |
5+ Bedrooms | $485K | - | N/A |
Summary: 46280 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.5%, 2 bedroom homes increased by 7.3%, 3 bedroom homes increased by 13.6%, 4 bedroom homes increased by 16.3%, and 5+ bedroom homes did not change.
Housing Supply in 46280, IN
How many homes are available in 46280, IN?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
23 | 29 | +26.1% |
Summary: The 46280 real estate market had 29 homes for sale in March 2024, a 26.1% 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 | 2 | 3 | +50.0% |
3 Bedrooms | 17 | 19 | +11.8% |
4 Bedrooms | 3 | 5 | +66.7% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The 46280 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 50%, 3 bedroom homes increased by 11.8%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
3 | 12 | +300.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in 46280 in March 2024, up by 300.0% month-over-month. Of the 12 sold homes, 50% were sold under asking, 8% were sold at asking, and 42% were sold over asking.
Days on Market for 46280, IN
How long does it take to sell a home in 46280, IN?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
41 Days | 28 Days | -30.2% |
Summary: Homes in 46280 had an average of 28 days on market in Mar 2024, down by 30.2% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 12 homes were sold in 46280; 75% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.