Is 46060, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 46060 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 46060 has remained a Seller's Market.

Key Takeaway

46060 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 46060, IN

How much do homes in 46060, IN cost?

Median Sold Price

$340,083

$163/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$9,085(+2.7%)

Key Takeaway

Homes in 46060 have sold for 2.7% more than they did a year ago.

Summary: The median home sold price in 46060 was $340,083 in October 2024, up 2.7% from last year, and the median price per square foot was $163.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $186K-
N/A
2 $230.5K$275K
+19.3%
3 $290K$304.5K
+5.0%
4 $375K$389.9K
+4.0%
5+ $519.9K$463.5K
-10.9%

Summary: 46060 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 19.3%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 4%, and 5+ bedroom homes decreased by 10.9%.

Median Sold Price Compared To Nearby Zip Codes

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

Housing Supply in 46060, IN

How many homes are available in 46060, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
208213+2.4%

Summary: The 46060 real estate market had 213 homes for sale in October 2024, a 2.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 2521
-16.0%
3 9391
-2.2%
4 6066
+10.0%
5+ 3034
+13.3%

Summary: The 46060 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 decreased by 16%, 3 bedroom homes decreased by 2.2%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 13.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
5346-13.2%

Asking Price vs. Sold Price

25 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 46060, you may be able to get a good deal. 54.3% of homes here sold below asking price last month.

Summary: A total of 46 homes were sold or pending in 46060 in October 2024, down by 13.2% month-over-month. Of the 46 sold homes, 54% were sold under asking, 26% were sold at asking, and 20% were sold over asking.

Days on Market for 46060, IN

How long does it take to sell a home in 46060, IN?

Average Sale Time

Oct 2023Oct 2024CHANGE
28 Days29 Days+1.3%

Summary: Homes in 46060 had an average of 29 days on market in Oct 2024, up by 1.3% compared to last year.

Breakdown of Home Sale Times

31 Homes Were Sold
Under 30 Days

13 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 46060 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 46 homes were sold in 46060; 67% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 4% 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 46060, IN

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