Is 46033, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 46033 is a seller's market

Buyer's
Market

Difference Since October 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

$541,331

$168/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$54,006(+11.1%)

Key Takeaway

Homes in 46033 have sold for 11.1% more than they did a year ago.

Summary: The median home sold price in 46033 was $541,331 in October 2024, up 11.1% from last year, and the median price per square foot was $168.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $361.5K$427K
+18.1%
3 $399.7K$435K
+8.8%
4 $500K$520K
+4.0%
5+ $788.9K$765K
-3.0%

Summary: 46033 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 18.1%, 3 bedroom homes increased by 8.8%, 4 bedroom homes increased by 4%, and 5+ bedroom homes decreased by 3%.

Median Sold Price Compared To Nearby Zip Codes

46240
+12.8%
46033
+11.1%
46280
+10.9%
46032
+9.8%
46038
+2.9%

Housing Supply in 46033, IN

How many homes are available in 46033, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
145141-2.8%

Summary: The 46033 real estate market had 141 homes for sale in October 2024, a 2.8% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 86
-25.0%
3 4042
+5.0%
4 5759
+3.5%
5+ 4034
-15.0%

Summary: The 46033 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 3.5%, and 5+ bedroom homes decreased by 15%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
4950+2.0%

Asking Price vs. Sold Price

26 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 46033, you may be able to get a good deal. 52% of homes here sold below asking price last month.

Summary: A total of 50 homes were sold or pending in 46033 in October 2024, up by 2.0% month-over-month. Of the 50 sold homes, 52% were sold under asking, 24% were sold at asking, and 24% 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

Oct 2023Oct 2024CHANGE
20 Days23 Days+15.9%

Summary: Homes in 46033 had an average of 23 days on market in Oct 2024, up by 15.9% compared to last year.

Breakdown of Home Sale Times

37 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 46033 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 50 homes were sold in 46033; 74% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 8% 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 20 Days Ago

Newest Listings in 46033, IN

Nearby Markets to 46033, IN