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 4 Days Ago

Newest Listings in 46033, IN

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