$4,334 Closing Credit*
$365,000
1,736 SqFt
3 Beds
•2 Full Baths
Frankie House, Listing Office: CENTURY 21 Scheetz
Is 46062, 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, 46062 has remained a Seller's Market.
Key Takeaway
46062 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 46062, IN
How much do homes in 46062, IN cost?
Median Sold Price
$384,316
$173/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$14,619(-3.7%)
Key Takeaway
Homes in 46062 have sold for 3.7% less than they did a year ago.
Summary: The median home sold price in 46062 was $384,316 in October 2024, down 3.7% from last year, and the median price per square foot was $173.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $274.9K | $317K | +15.3% |
| 2 Bedrooms | $272.5K | $320.1K | +17.5% |
| 3 Bedrooms | $329.5K | $332.6K | +0.9% |
| 4 Bedrooms | $454.9K | $462.5K | +1.6% |
| 5+ Bedrooms | $630.1K | $562K | -10.8% |
Summary: 46062 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.3%, 2 bedroom homes increased by 17.5%, 3 bedroom homes increased by 0.9%, 4 bedroom homes increased by 1.6%, and 5+ bedroom homes decreased by 10.8%.
Housing Supply in 46062, IN
How many homes are available in 46062, IN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 238 | 210 | -11.8% |
Summary: The 46062 real estate market had 210 homes for sale in October 2024, a 11.8% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 1 | -66.7% |
| 2 Bedrooms | 33 | 22 | -33.3% |
| 3 Bedrooms | 92 | 85 | -7.6% |
| 4 Bedrooms | 83 | 73 | -12.0% |
| 5+ Bedrooms | 27 | 29 | +7.4% |
Summary: The 46062 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 66.7%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 7.6%, 4 bedroom homes decreased by 12%, and 5+ bedroom homes increased by 7.4%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 82 | 60 | -26.8% |
Asking Price vs. Sold Price
30 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 46062, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 60 homes were sold or pending in 46062 in October 2024, down by 26.8% month-over-month. Of the 60 sold homes, 50% were sold under asking, 27% were sold at asking, and 23% were sold over asking.
Days on Market for 46062, IN
How long does it take to sell a home in 46062, IN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 25 Days | 28 Days | +9.1% |
Summary: Homes in 46062 had an average of 28 days on market in Oct 2024, up by 9.1% compared to last year.
Breakdown of Home Sale Times
36 Homes Were Sold
Under 30 Days
20 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 46062 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 60 homes were sold in 46062; 60% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by MLS GRID.