$5,641 Closing Credit*
$475,000
2,760 SqFt
4 Beds
•3 Full Baths
Nicole Lyon, Listing Office: F.C. Tucker Company
Is 46075, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 46075 has remained a Seller's Market.
Key Takeaway
46075 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 46075, IN
How much do homes in 46075, IN cost?
Median Sold Price
$349,950
$158/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$5,500(+1.6%)
Key Takeaway
Homes in 46075 have sold for 1.6% more than they did a year ago.
Summary: The median home sold price in 46075 was $349,950 in November 2024, up 1.6% from last year, and the median price per square foot was $158.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $320K | $301K | -5.9% |
| 3 Bedrooms | $313.5K | $319K | +1.8% |
| 4 Bedrooms | $385K | $397K | +3.1% |
| 5+ Bedrooms | $436.6K | $420K | -3.8% |
Summary: 46075 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 decreased by 5.9%, 3 bedroom homes increased by 1.8%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes decreased by 3.8%.
Housing Supply in 46075, IN
How many homes are available in 46075, IN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 69 | 60 | -13.0% |
Summary: The 46075 real estate market had 60 homes for sale in November 2024, a 13.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 8 | +60.0% |
| 3 Bedrooms | 32 | 23 | -28.1% |
| 4 Bedrooms | 23 | 21 | -8.7% |
| 5+ Bedrooms | 9 | 8 | -11.1% |
Summary: The 46075 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 increased by 60%, 3 bedroom homes decreased by 28.1%, 4 bedroom homes decreased by 8.7%, and 5+ bedroom homes decreased by 11.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 22 | 17 | -22.7% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 46075, you may be able to get a good deal. 88.2% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in 46075 in November 2024, down by 22.7% month-over-month. Of the 17 sold homes, 88% were sold under asking, 6% were sold at asking, and 6% were sold over asking.
Days on Market for 46075, IN
How long does it take to sell a home in 46075, IN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 7 Days | 34 Days | +340.8% |
Summary: Homes in 46075 had an average of 34 days on market in Nov 2024, up by 340.8% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 46075 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 17 homes were sold in 46075; 65% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by MLS GRID.