Is 46105, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 46105 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 46105 was a Buyer's Market.

Key Takeaway

46105 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 46105, IN

How much do homes in 46105, IN cost?

Median Sold Price

$278,700

$161/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$23,701(+9.3%)

Key Takeaway

Homes in 46105 have sold for 9.3% more than they did a month ago.

Summary: The median home sold price in 46105 was $278,700 in October 2024, up 9.3% from last month, and the median price per square foot was $161.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $254.9K$280K
+9.8%
4 -$277.4K
N/A
5+ --
N/A

Summary: 46105 housing prices by bedroom type for October 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 9.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

46172
+19.2%
46105
+9.3%

Housing Supply in 46105, IN

How many homes are available in 46105, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1011+10.0%

Summary: The 46105 real estate market had 11 homes for sale in October 2024, a 10.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 89
+12.5%
4 22
0.0%
5+ 00
0.0%

Summary: The 46105 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 remained the same, 3 bedroom homes increased by 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was 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 46105, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 46105 in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for 46105, IN

How long does it take to sell a home in 46105, IN?

Average Sale Time

Sep 2024Oct 2024CHANGE
51 Days47 Days-7.8%

Summary: Homes in 46105 had an average of 47 days on market in Oct 2024, down by 7.8% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 46105 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in 46105; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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 46105, IN

Nearby Markets to 46105, IN