Is 46034, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 46034 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 46034 has remained a Seller's Market.

Key Takeaway

46034 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 46034, IN

How much do homes in 46034, IN cost?

Median Sold Price

$382,500

$197/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$12,600(+3.4%)

Key Takeaway

Homes in 46034 have sold for 3.4% more than they did a year ago.

Summary: The median home sold price in 46034 was $382,500 in October 2024, up 3.4% from last year, and the median price per square foot was $197.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $550K$199K
-63.8%
2 $230K$350.5K
+52.4%
3 $299.9K$325K
+8.4%
4 $427.5K$499.9K
+16.9%
5+ $862K$660K
-23.4%

Summary: 46034 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 63.8%, 2 bedroom homes increased by 52.4%, 3 bedroom homes increased by 8.4%, 4 bedroom homes increased by 16.9%, and 5+ bedroom homes decreased by 23.4%.

Median Sold Price Compared To Nearby Zip Codes

46034
+3.4%
46074
+3.0%
46060
+2.7%
46030
-2.0%
46062
-3.7%

Housing Supply in 46034, IN

How many homes are available in 46034, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3437+8.8%

Summary: The 46034 real estate market had 37 homes for sale in October 2024, a 8.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 35
+66.7%
3 1217
+41.7%
4 1311
-15.4%
5+ 64
-33.3%

Summary: The 46034 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 increased by 66.7%, 3 bedroom homes increased by 41.7%, 4 bedroom homes decreased by 15.4%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
614+133.3%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 46034, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in 46034 in October 2024, up by 133.3% month-over-month. Of the 14 sold homes, 71% were sold under asking, 21% were sold at asking, and 7% were sold over asking.

Days on Market for 46034, IN

How long does it take to sell a home in 46034, IN?

Average Sale Time

Oct 2023Oct 2024CHANGE
8 Days32 Days+268.0%

Summary: Homes in 46034 had an average of 32 days on market in Oct 2024, up by 268% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 46034 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 14 homes were sold in 46034; 64% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% 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 46034, IN

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