Is 46373, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 46373 is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, 46373 was a Seller's Market.

Key Takeaway

46373 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 46373, IN

How much do homes in 46373, IN cost?

Median Sold Price

$334,990

$167/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

-$21,000(-5.9%)

Key Takeaway

Homes in 46373 have sold for 5.9% less than they did a month ago.

Summary: The median home sold price in 46373 was $334,990 in May 2024, down 5.9% from last month, and the median price per square foot was $167.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 $452K-
N/A
3 $304.9K$334.9K
+9.8%
4 $411.4K-
N/A
5+ --
N/A

Summary: 46373 housing prices by bedroom type for May 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 9.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 46373, IN

How many homes are available in 46373, IN?

Number of Homes For Sale

Apr 2024May 2024CHANGE
1821+16.7%

Summary: The 46373 real estate market had 21 homes for sale in May 2024, a 16.7% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 710
+42.9%
4 78
+14.3%
5+ 22
0.0%

Summary: The 46373 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 decreased by 50%, 3 bedroom homes increased by 42.9%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
62-66.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 46373, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 46373 in May 2024, down by 66.7% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for 46373, IN

How long does it take to sell a home in 46373, IN?

Average Sale Time

Apr 2024May 2024CHANGE
45 Days43 Days-4.4%

Summary: Homes in 46373 had an average of 43 days on market in May 2024, down by 4.4% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 46373 are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 2 homes were sold in 46373; 50% of homes were sold within 30 days, 50% 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 1 Day Ago

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