Is 46072, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 46072 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 46072 has remained a Seller's Market.

Key Takeaway

46072 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 46072, IN

How much do homes in 46072, IN cost?

Median Sold Price

$220,000

$120/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$20,100(+10.1%)

Key Takeaway

Homes in 46072 have sold for 10.1% more than they did a year ago.

Summary: The median home sold price in 46072 was $220,000 in October 2024, up 10.1% from last year, and the median price per square foot was $120.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $157K$160K
+1.9%
3 $210K$200K
-4.8%
4 $265K$285K
+7.5%
5+ $287.5K$175K
-39.1%

Summary: 46072 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 1.9%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes increased by 7.5%, and 5+ bedroom homes decreased by 39.1%.

Housing Supply in 46072, IN

How many homes are available in 46072, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3837-2.6%

Summary: The 46072 real estate market had 37 homes for sale in October 2024, a 2.6% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 811
+37.5%
3 1918
-5.3%
4 97
-22.2%
5+ 21
-50.0%

Summary: The 46072 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 37.5%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1214+16.7%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 46072, expect to pay close to the asking price. 42.9% of homes here sold near the asking price last month.

Summary: A total of 14 homes were sold or pending in 46072 in October 2024, up by 16.7% month-over-month. Of the 14 sold homes, 29% were sold under asking, 43% were sold at asking, and 29% were sold over asking.

Days on Market for 46072, IN

How long does it take to sell a home in 46072, IN?

Average Sale Time

Oct 2023Oct 2024CHANGE
25 Days19 Days-24.7%

Summary: Homes in 46072 had an average of 19 days on market in Oct 2024, down by 24.7% compared to last year.

Breakdown of Home Sale Times

7 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

Many homes in 46072 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 14 homes were sold in 46072; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 7% 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 5 Days Ago

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