Is 46574, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 46574 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 46574 was a Buyer's Market.

Key Takeaway

46574 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 46574, IN

How much do homes in 46574, IN cost?

Median Sold Price

$271,100

$152/sqft

Based on all homes sold in September 2024.

Difference Since Last Month

+$82,600(+43.8%)

Key Takeaway

Homes in 46574 have sold for 43.8% more than they did a month ago.

Summary: The median home sold price in 46574 was $271,100 in September 2024, up 43.8% from last month, and the median price per square foot was $152.

Median Sold Price By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 --
N/A
2 -$194K
N/A
3 $127K$279K
+119.7%
4 $250K$271.1K
+8.4%
5+ --
N/A

Summary: 46574 housing prices by bedroom type for September 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 119.7%, 4 bedroom homes increased by 8.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

46574
+43.8%
46554
+3.7%

Housing Supply in 46574, IN

How many homes are available in 46574, IN?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
1925+31.6%

Summary: The 46574 real estate market had 25 homes for sale in September 2024, a 31.6% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 710
+42.9%
3 89
+12.5%
4 44
0.0%
5+ 02
+100.0%

Summary: The 46574 housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 42.9%, 3 bedroom homes increased by 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
27+250.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 46574, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in 46574 in September 2024, up by 250.0% month-over-month. Of the 7 sold homes, 71% were sold under asking, 0% were sold at asking, and 29% were sold over asking.

Days on Market for 46574, IN

We’re sorry, we don't have information for this market at the moment

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

Report Updated 14 Days Ago

Newest Listings in 46574, IN

Nearby Markets to 46574, IN