$6,969 Closing Credit*
$586,865
3,194 SqFt
5 Beds
•3 Full Baths, 1 Partial
Erin Hundley, Listing Office: Compass Indiana, LLC
Is 46033, 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, 46033 has remained a Seller's Market.
Key Takeaway
46033 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 46033, IN
How much do homes in 46033, IN cost?
Median Sold Price
$540,000
$166/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$49,142(+10.0%)
Key Takeaway
Homes in 46033 have sold for 10% more than they did a year ago.
Summary: The median home sold price in 46033 was $540,000 in November 2024, up 10% from last year, and the median price per square foot was $166.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $376.2K | $427K | +13.5% |
| 3 Bedrooms | $404.9K | $425K | +4.9% |
| 4 Bedrooms | $503K | $505K | 0.4% |
| 5+ Bedrooms | $793.5K | $750K | -5.5% |
Summary: 46033 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 increased by 13.5%, 3 bedroom homes increased by 4.9%, 4 bedroom homes increased by 0.4%, and 5+ bedroom homes decreased by 5.5%.
Housing Supply in 46033, IN
How many homes are available in 46033, IN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 149 | 131 | -12.1% |
Summary: The 46033 real estate market had 131 homes for sale in November 2024, a 12.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 7 | 0.0% |
| 3 Bedrooms | 41 | 34 | -17.1% |
| 4 Bedrooms | 63 | 55 | -12.7% |
| 5+ Bedrooms | 38 | 35 | -7.9% |
Summary: The 46033 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 17.1%, 4 bedroom homes decreased by 12.7%, and 5+ bedroom homes decreased by 7.9%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 52 | 42 | -19.2% |
Asking Price vs. Sold Price
21 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 46033, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 42 homes were sold or pending in 46033 in November 2024, down by 19.2% month-over-month. Of the 42 sold homes, 50% were sold under asking, 19% were sold at asking, and 31% were sold over asking.
Days on Market for 46033, IN
How long does it take to sell a home in 46033, IN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 24 Days | 24 Days | -1.8% |
Summary: Homes in 46033 had an average of 24 days on market in Nov 2024, down by 1.8% compared to last year.
Breakdown of Home Sale Times
32 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 46033 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 42 homes were sold in 46033; 76% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.
Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by MLS GRID.