Is 46056, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 46056 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 46056 has remained a Seller's Market.

Key Takeaway

46056 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 46056, IN

How much do homes in 46056, IN cost?

Median Sold Price

$265,000

$145/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$25,000(+10.4%)

Key Takeaway

Homes in 46056 have sold for 10.4% more than they did a year ago.

Summary: The median home sold price in 46056 was $265,000 in November 2024, up 10.4% from last year, and the median price per square foot was $145.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$100K
N/A
2 $149.9K$206.4K
+37.7%
3 $237.5K$299.9K
+26.3%
4 $470K$291.2K
-38.0%
5+ --
N/A

Summary: 46056 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 37.7%, 3 bedroom homes increased by 26.3%, 4 bedroom homes decreased by 38%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

46056
+10.4%
46064
+3.9%
46013
0.0%

Housing Supply in 46056, IN

How many homes are available in 46056, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
11110.0%

Summary: The 46056 real estate market had 11 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 66
0.0%
4 44
0.0%
5+ 01
+100.0%

Summary: The 46056 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 decreased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 46056, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 46056 in November 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for 46056, IN

How long does it take to sell a home in 46056, IN?

Average Sale Time

Nov 2023Nov 2024CHANGE
19 Days91 Days+381.6%

Summary: Homes in 46056 had an average of 91 days on market in Nov 2024, up by 381.6% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 46056 has remained consistent over time.

Summary: During November 2024, 2 homes were sold in 46056; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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 21 Days Ago

Newest Listings in 46056, IN

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