Is 46280, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, 46280 was a Seller's Market.
Housing Prices in 46280, IN
How much do homes in 46280, IN cost?
Median Sold Price
$340,044
$196/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in 46280 was $340,044 in February 2024, up 13.3% from last year, and the median price per square foot was $196.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $197.5K | $202.4K | +2.5% |
2 Bedrooms | $288.5K | $327K | +13.3% |
3 Bedrooms | $298.3K | $321.2K | +7.7% |
4 Bedrooms | $362.5K | $447.5K | +23.4% |
5+ Bedrooms | $515K | $485K | -5.8% |
Summary: 46280 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.5%, 2 bedroom homes increased by 13.3%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 23.4%, and 5+ bedroom homes decreased by 5.8%.
Housing Supply in 46280, IN
How many homes are available in 46280, IN?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
20 | 21 | +5.0% |
Summary: The 46280 real estate market had 21 homes for sale in February 2024, a 5.0% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 2 | +100.0% |
3 Bedrooms | 14 | 14 | 0.0% |
4 Bedrooms | 3 | 3 | 0.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 46280 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
5 | 3 | -40.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in 46280 in February 2024, down by 40.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% 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
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
9 Days | 89 Days | +811.9% |
Summary: Homes in 46280 had an average of 89 days on market in Feb 2024, up by 811.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During February 2024, 3 homes were sold in 46280; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.