Is 46805, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 46805 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 46805 has remained a Seller's Market.

Key Takeaway

46805 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 46805, IN cost?

Median Sold Price

$127,450

$98/sqft

Based on all homes sold in January 2023.

Difference Since Last Month

-$25,050(-16.4%)

Key Takeaway

Homes in 46805 have sold for 16.4% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSDec 2022Jan 2023%
1 -$57K
N/A
2 $120.5K$125K
+3.7%
3 $144.9K$160K
+10.4%
4 $174.9K$112.5K
-35.7%
5+ --
N/A

Median Sold Price Compared To Nearby Zip Codes

46803
+4.0%
46815
+0.8%
46805
-16.4%
46808
-16.7%
46802
-34.2%

How many homes are available in 46805, IN?

Number of Homes For Sale

Dec 2022Jan 2023%
5444-18.5%

Homes For Sale By Bedroom Count

# BEDSDec 2022Jan 2023%
1 44
0.0%
2 912
+33.3%
3 3122
-29.0%
4 106
-40.0%
5+ 00
0.0%

Number of Homes Sold

Dec 2022Jan 2023%
2821-25.0%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 46805, you may be able to get a good deal. 75% of homes here sold below asking price last month.

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

About 46805, IN

46805, IN has 44 homes on the market. The inventory of homes for sale in 46805, IN between December 2022 and January 2023 decreased by 18.5%. This housing market listing prices have changed between January 2022 and January 2023: prices of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties went up by 3.7%, the cost of 3 bedrooms properties went up by 10.4%, prices of 4 bedrooms properties decreased by 35.7%, 5 bedrooms properties became 0% more expensive. This housing market inventory have changed: volume of 1 bedroom homes stayed the same, 2 bedrooms homes inventory increased by 33.3%, 3 bedrooms homes became 29% less available, 4 bedrooms homes became 40% less available, the quantity of 5 bedrooms homes have not changed. In January 2023, from all listings sold in 46805, IN there were more than 2 sold above asking price, over 15 sold below and more than 3 were sold right at the asked price.