Is 46204, 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, 46204 was a Seller's Market.
Housing Prices in 46204, IN
How much do homes in 46204, IN cost?
Median Sold Price
$345,750
$266/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in 46204 was $345,750 in May 2024, up 5.1% from last year, and the median price per square foot was $266.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $246.2K | $227.7K | -7.5% |
2 Bedrooms | $335.5K | $345.7K | +3.1% |
3 Bedrooms | $540K | $585K | +8.3% |
4 Bedrooms | $724.5K | $1.0M | +48.7% |
5+ Bedrooms | - | - | N/A |
Summary: 46204 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.5%, 2 bedroom homes increased by 3.1%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 48.7%, and 5+ bedroom homes did not change.
Housing Supply in 46204, IN
How many homes are available in 46204, IN?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
54 | 60 | +11.1% |
Summary: The 46204 real estate market had 60 homes for sale in May 2024, a 11.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 14 | 15 | +7.1% |
2 Bedrooms | 29 | 33 | +13.8% |
3 Bedrooms | 11 | 12 | +9.1% |
4 Bedrooms | 0 | 0 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 46204 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 7.1%, 2 bedroom homes increased by 13.8%, 3 bedroom homes increased by 9.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
3 | 7 | +133.3% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in 46204 in May 2024, up by 133.3% month-over-month. Of the 7 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 46204, IN
How long does it take to sell a home in 46204, IN?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
29 Days | 88 Days | +199.2% |
Summary: Homes in 46204 had an average of 88 days on market in May 2024, up by 199.2% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During May 2024, 7 homes were sold in 46204; 29% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 57% of homes were sold over 90 days.