Is 46058, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 46058 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 46058 has remained a Seller's Market.

Key Takeaway

46058 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 46058, IN

How much do homes in 46058, IN cost?

Median Sold Price

$400,000

$137/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$165,000(+70.2%)

Key Takeaway

Homes in 46058 have sold for 70.2% more than they did a month ago.

Summary: The median home sold price in 46058 was $400,000 in November 2024, up 70.2% from last month, and the median price per square foot was $137.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 -$181K
N/A
3 $225K$400K
+77.8%
4 $235K-
N/A
5+ --
N/A

Summary: 46058 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 77.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

46058
+70.2%
46041
+25.1%
47905
+10.3%

Housing Supply in 46058, IN

How many homes are available in 46058, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
910+11.1%

Summary: The 46058 real estate market had 10 homes for sale in November 2024, a 11.1% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 78
+14.3%
4 11
0.0%
5+ 00
0.0%

Summary: The 46058 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 remained the same, 3 bedroom homes increased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
330.0%

Asking Price vs. Sold Price

2 Homes Were 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 46058, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 46058 in November 2024, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for 46058, IN

How long does it take to sell a home in 46058, IN?

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 46058 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 3 homes were sold in 46058; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% 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 46058, IN

Nearby Markets to 46058, IN