Is 46069, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 46069 is a seller's market

Buyer's
Market

Difference Since May 2023

At the same time last year, 46069 was a Neutral Market.

Key Takeaway

46069 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 46069, IN

How much do homes in 46069, IN cost?

Median Sold Price

$366,622

$184/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$96,672(+35.8%)

Key Takeaway

Homes in 46069 have sold for 35.8% more than they did a year ago.

Summary: The median home sold price in 46069 was $366,622 in May 2024, up 35.8% from last year, and the median price per square foot was $184.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 -$119K
N/A
2 $161K$340K
+111.2%
3 $237.5K$319.3K
+34.4%
4 $325K$420K
+29.2%
5+ $1.3M$765K
-44.9%

Summary: 46069 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 111.2%, 3 bedroom homes increased by 34.4%, 4 bedroom homes increased by 29.2%, and 5+ bedroom homes decreased by 44.9%.

Median Sold Price Compared To Nearby Zip Codes

46069
+35.8%
46074
-1.0%
46075
-1.8%
46077
-2.7%

Housing Supply in 46069, IN

How many homes are available in 46069, IN?

Number of Homes For Sale

Apr 2024May 2024CHANGE
8084+5.0%

Summary: The 46069 real estate market had 84 homes for sale in May 2024, a 5.0% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 2121
0.0%
3 2628
+7.7%
4 1614
-12.5%
5+ 1721
+23.5%

Summary: The 46069 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 7.7%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes increased by 23.5%.

Number of Homes Sold

Apr 2024May 2024CHANGE
2025+25.0%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 46069, you may be able to get a good deal. 52% of homes here sold below asking price last month.

Summary: A total of 25 homes were sold or pending in 46069 in May 2024, up by 25.0% month-over-month. Of the 25 sold homes, 52% were sold under asking, 40% were sold at asking, and 8% were sold over asking.

Days on Market for 46069, IN

How long does it take to sell a home in 46069, IN?

Average Sale Time

May 2023May 2024CHANGE
39 Days10 Days-74.0%

Summary: Homes in 46069 had an average of 10 days on market in May 2024, down by 74% compared to last year.

Breakdown of Home Sale Times

19 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 46069 are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 25 homes were sold in 46069; 76% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 12% 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 1 Day Ago

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