$8,016 Closing Credit*
$675,000
3,766 SqFt
4 Beds
•2 Full Baths, 2 Partial
David Cronnin, Listing Office: eXp Realty, LLC
Is 46032, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 46032 has remained a Seller's Market.
Key Takeaway
46032 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 46032, IN
How much do homes in 46032, IN cost?
Median Sold Price
$512,718
$190/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$44,009(+9.4%)
Key Takeaway
Homes in 46032 have sold for 9.4% more than they did a year ago.
Summary: The median home sold price in 46032 was $512,718 in November 2024, up 9.4% from last year, and the median price per square foot was $190.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $175K | $175K | 0.0% |
| 2 Bedrooms | $302.5K | $299K | -1.2% |
| 3 Bedrooms | $412K | $440K | +6.8% |
| 4 Bedrooms | $505K | $589.6K | +16.8% |
| 5+ Bedrooms | $899.9K | $1.0M | +11.7% |
Summary: 46032 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.2%, 3 bedroom homes increased by 6.8%, 4 bedroom homes increased by 16.8%, and 5+ bedroom homes increased by 11.7%.
Housing Supply in 46032, IN
How many homes are available in 46032, IN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 196 | 181 | -7.7% |
Summary: The 46032 real estate market had 181 homes for sale in November 2024, a 7.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 35 | 38 | +8.6% |
| 3 Bedrooms | 77 | 65 | -15.6% |
| 4 Bedrooms | 51 | 45 | -11.8% |
| 5+ Bedrooms | 31 | 30 | -3.2% |
Summary: The 46032 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 8.6%, 3 bedroom homes decreased by 15.6%, 4 bedroom homes decreased by 11.8%, and 5+ bedroom homes decreased by 3.2%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 51 | 53 | +3.9% |
Asking Price vs. Sold Price
37 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 46032, you may be able to get a good deal. 69.8% of homes here sold below asking price last month.
Summary: A total of 53 homes were sold or pending in 46032 in November 2024, up by 3.9% month-over-month. Of the 53 sold homes, 70% were sold under asking, 6% were sold at asking, and 25% were sold over asking.
Days on Market for 46032, IN
How long does it take to sell a home in 46032, IN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 15 Days | 32 Days | +113.3% |
Summary: Homes in 46032 had an average of 32 days on market in Nov 2024, up by 113.3% compared to last year.
Breakdown of Home Sale Times
30 Homes Were Sold
Under 30 Days
19 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 46032 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 53 homes were sold in 46032; 57% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by MLS GRID.