$335,000
1,516 SqFt
3 Beds
•2 Full Baths
Steve Metarelis, Listing Office: Offerpad Brokerage, LLC
October 2024
Report Updated 4 Days Ago
Is 46038, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 46038 has remained a Seller's Market.
How much do homes in 46038, IN cost?
$350,000
$169/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
Summary: The median home sold price in 46038 was $350,000 in October 2024, up 2.9% from last year, and the median price per square foot was $169.
# BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $175K | $184.5K | +5.4% |
2 Bedrooms | $258.7K | $264K | +2.0% |
3 Bedrooms | $318K | $330K | +3.8% |
4 Bedrooms | $390K | $392.8K | +0.7% |
5+ Bedrooms | $490K | $528.7K | +7.9% |
Summary: 46038 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.4%, 2 bedroom homes increased by 2%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 0.7%, and 5+ bedroom homes increased by 7.9%.
How many homes are available in 46038, IN?
Sep 2024 | Oct 2024 | CHANGE |
---|---|---|
161 | 138 | -14.3% |
Summary: The 46038 real estate market had 138 homes for sale in October 2024, a 14.3% decrease compared to September 2024.
# BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 24 | 24 | 0.0% |
3 Bedrooms | 67 | 56 | -16.4% |
4 Bedrooms | 59 | 48 | -18.6% |
5+ Bedrooms | 10 | 8 | -20.0% |
Summary: The 46038 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 16.4%, 4 bedroom homes decreased by 18.6%, and 5+ bedroom homes decreased by 20%.
Sep 2024 | Oct 2024 | CHANGE |
---|---|---|
48 | 40 | -16.7% |
23 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 40 homes were sold or pending in 46038 in October 2024, down by 16.7% month-over-month. Of the 40 sold homes, 57% were sold under asking, 18% were sold at asking, and 25% were sold over asking.
How long does it take to sell a home in 46038, IN?
Oct 2023 | Oct 2024 | CHANGE |
---|---|---|
14 Days | 56 Days | +285.6% |
Summary: Homes in 46038 had an average of 56 days on market in Oct 2024, up by 285.6% compared to last year.
22 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During October 2024, 40 homes were sold in 46038; 55% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 10% 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
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Based on information from Metropolitan Indianapolis Board of REALTORS® MLS for the period 11/01/2022 - 11/01/2024
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