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

Since last month, 46105 has remained a Seller'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

$150,000

$118/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$128,700(-46.2%)

Key Takeaway

Homes in 46105 have sold for 46.2% less than they did a month ago.

Summary: The median home sold price in 46105 was $150,000 in November 2024, down 46.2% from last month, and the median price per square foot was $118.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $280K$150K
-46.4%
4 $277.4K-
N/A
5+ --
N/A

Summary: 46105 housing prices by bedroom type for November 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 decreased by 46.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

46172
+1.2%
46105
-46.2%

Housing Supply in 46105, IN

How many homes are available in 46105, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
911+22.2%

Summary: The 46105 real estate market had 11 homes for sale in November 2024, a 22.2% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 810
+25.0%
4 11
0.0%
5+ 00
0.0%

Summary: The 46105 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 remained the same, 3 bedroom homes increased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
25+150.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 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. 40% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in 46105 in November 2024, up by 150.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% 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

Oct 2024Nov 2024CHANGE
47 Days22 Days-52.8%

Summary: Homes in 46105 had an average of 22 days on market in Nov 2024, down by 52.8% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were 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 November 2024, 5 homes were sold in 46105; 60% of homes were sold within 30 days, 40% 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 22 Days Ago

Newest Listings in 46105, IN

Nearby Markets to 46105, IN