$164,500
2.40 Acres
Land
Gregory Leugers, Listing Office: Keller Williams Indy Metro S
Is 46106, 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, 46106 has remained a Seller's Market.
Key Takeaway
46106 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 46106, IN
How much do homes in 46106, IN cost?
Median Sold Price
$427,500
$163/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$7,500(-1.7%)
Key Takeaway
Homes in 46106 have sold for 1.7% less than they did a year ago.
Summary: The median home sold price in 46106 was $427,500 in November 2024, down 1.7% from last year, and the median price per square foot was $163.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $222.5K | $232.4K | +4.5% |
| 3 Bedrooms | $325K | $287.4K | -11.6% |
| 4 Bedrooms | $439.9K | $488.6K | +11.1% |
| 5+ Bedrooms | $520K | $602.9K | +16.0% |
Summary: 46106 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 increased by 4.5%, 3 bedroom homes decreased by 11.6%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 16%.
Housing Supply in 46106, IN
How many homes are available in 46106, IN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 71 | 69 | -2.8% |
Summary: The 46106 real estate market had 69 homes for sale in November 2024, a 2.8% 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 | 3 | 5 | +66.7% |
| 3 Bedrooms | 26 | 25 | -3.8% |
| 4 Bedrooms | 24 | 19 | -20.8% |
| 5+ Bedrooms | 18 | 20 | +11.1% |
Summary: The 46106 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 66.7%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes decreased by 20.8%, and 5+ bedroom homes increased by 11.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 17 | 19 | +11.8% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 46106, you may be able to get a good deal. 68.4% of homes here sold below asking price last month.
Summary: A total of 19 homes were sold or pending in 46106 in November 2024, up by 11.8% month-over-month. Of the 19 sold homes, 68% were sold under asking, 32% were sold at asking, and 0% were sold over asking.
Days on Market for 46106, IN
How long does it take to sell a home in 46106, IN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 64 Days | 32 Days | -50.6% |
Summary: Homes in 46106 had an average of 32 days on market in Nov 2024, down by 50.6% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 46106 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 19 homes were sold in 46106; 58% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by MLS GRID.