Is 46953, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 46953 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 46953 was a Neutral Market.

Key Takeaway

46953 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 46953, IN

How much do homes in 46953, IN cost?

Median Sold Price

$150,400

$94/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$75,400(+100.5%)

Key Takeaway

Homes in 46953 have sold for 100.5% more than they did a month ago.

Summary: The median home sold price in 46953 was $150,400 in April 2024, up 100.5% from last month, and the median price per square foot was $94.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 -$30K
N/A
3 $75K$229.4K
+205.9%
4 -$204.9K
N/A
5+ --
N/A

Summary: 46953 housing prices by bedroom type for April 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 205.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

46952
+178.3%
46953
+100.5%

Housing Supply in 46953, IN

How many homes are available in 46953, IN?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2033+65.0%

Summary: The 46953 real estate market had 33 homes for sale in April 2024, a 65.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 612
+100.0%
3 712
+71.4%
4 57
+40.0%
5+ 22
0.0%

Summary: The 46953 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 71.4%, 4 bedroom homes increased by 40%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
36+100.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 46953, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in 46953 in April 2024, up by 100.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.

Days on Market for 46953, IN

How long does it take to sell a home in 46953, IN?

Average Sale Time

Mar 2024Apr 2024CHANGE
51 Days8 Days-84.5%

Summary: Homes in 46953 had an average of 8 days on market in Apr 2024, down by 84.5% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 46953 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 6 homes were sold in 46953; 17% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 17 Days Ago

Newest Listings in 46953, IN

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