Is 46075, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, 46075 was a Neutral Market.
Housing Prices in 46075, IN
How much do homes in 46075, IN cost?
Median Sold Price
$342,833
$154/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in 46075 was $342,833 in May 2024, down 1.8% from last year, and the median price per square foot was $154.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $321K | $302K | -5.9% |
3 Bedrooms | $310K | $315K | +1.6% |
4 Bedrooms | $389.9K | $380K | -2.6% |
5+ Bedrooms | $475K | $423.3K | -10.9% |
Summary: 46075 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 decreased by 5.9%, 3 bedroom homes increased by 1.6%, 4 bedroom homes decreased by 2.6%, and 5+ bedroom homes decreased by 10.9%.
Housing Supply in 46075, IN
How many homes are available in 46075, IN?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
95 | 88 | -7.4% |
Summary: The 46075 real estate market had 88 homes for sale in May 2024, a 7.4% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 11 | 14 | +27.3% |
3 Bedrooms | 45 | 35 | -22.2% |
4 Bedrooms | 24 | 26 | +8.3% |
5+ Bedrooms | 15 | 13 | -13.3% |
Summary: The 46075 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 increased by 27.3%, 3 bedroom homes decreased by 22.2%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes decreased by 13.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
26 | 35 | +34.6% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 35 homes were sold or pending in 46075 in May 2024, up by 34.6% month-over-month. Of the 35 sold homes, 51% were sold under asking, 26% were sold at asking, and 23% were sold over asking.
Days on Market for 46075, IN
How long does it take to sell a home in 46075, IN?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
53 Days | 40 Days | -25.6% |
Summary: Homes in 46075 had an average of 40 days on market in May 2024, down by 25.6% compared to last year.
Breakdown of Home Sale Times
22 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During May 2024, 35 homes were sold in 46075; 63% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.