Is 46012, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 46012 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 46012 has remained a Seller's Market.

Key Takeaway

46012 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 46012, IN

How much do homes in 46012, IN cost?

Median Sold Price

$174,500

$114/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$550(-0.3%)

Key Takeaway

The sold price of homes in 46012 has remained the same since last year.

Summary: The median home sold price in 46012 was $174,500 in November 2024, down 0.3% from last year, and the median price per square foot was $114.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $45K$43.9K
-2.4%
2 $110K$121.7K
+10.7%
3 $182.5K$190K
+4.1%
4 $264.4K$253.7K
-4.0%
5+ $217K$392.5K
+80.9%

Summary: 46012 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.4%, 2 bedroom homes increased by 10.7%, 3 bedroom homes increased by 4.1%, 4 bedroom homes decreased by 4%, and 5+ bedroom homes increased by 80.9%.

Median Sold Price Compared To Nearby Zip Codes

47334
+66.4%
46001
+13.7%
46016
0.1%
46012
-0.3%
46017
-1.8%

Housing Supply in 46012, IN

How many homes are available in 46012, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
9179-13.2%

Summary: The 46012 real estate market had 79 homes for sale in November 2024, a 13.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 21
-50.0%
2 2019
-5.0%
3 5144
-13.7%
4 1310
-23.1%
5+ 55
0.0%

Summary: The 46012 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 5%, 3 bedroom homes decreased by 13.7%, 4 bedroom homes decreased by 23.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2921-27.6%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 46012, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 21 homes were sold or pending in 46012 in November 2024, down by 27.6% month-over-month. Of the 21 sold homes, 67% were sold under asking, 10% were sold at asking, and 24% were sold over asking.

Days on Market for 46012, IN

How long does it take to sell a home in 46012, IN?

Average Sale Time

Nov 2023Nov 2024CHANGE
17 Days22 Days+30.0%

Summary: Homes in 46012 had an average of 22 days on market in Nov 2024, up by 30% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 46012 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 21 homes were sold in 46012; 67% of homes were sold within 30 days, 29% 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 21 Days Ago

Newest Listings in 46012, IN

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