$2,256 Closing Credit*
$190,000
2,050 SqFt
3 Beds
•1 Full Bath
No Hmung, Listing Office: Keller Williams Indy Metro S
Is 46107, 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, 46107 has remained a Seller's Market.
Key Takeaway
46107 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 46107, IN
How much do homes in 46107, IN cost?
Median Sold Price
$198,950
$117/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$13,950(+7.5%)
Key Takeaway
Homes in 46107 have sold for 7.5% more than they did a year ago.
Summary: The median home sold price in 46107 was $198,950 in November 2024, up 7.5% from last year, and the median price per square foot was $117.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $94.9K | N/A |
| 2 Bedrooms | $160K | $165K | +3.1% |
| 3 Bedrooms | $195K | $210K | +7.7% |
| 4 Bedrooms | $236.5K | $254K | +7.4% |
| 5+ Bedrooms | $246K | $263.6K | +7.2% |
Summary: 46107 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 3.1%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 7.4%, and 5+ bedroom homes increased by 7.2%.
Housing Supply in 46107, IN
How many homes are available in 46107, IN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 58 | 55 | -5.2% |
Summary: The 46107 real estate market had 55 homes for sale in November 2024, a 5.2% 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 | 19 | 15 | -21.1% |
| 3 Bedrooms | 30 | 32 | +6.7% |
| 4 Bedrooms | 8 | 7 | -12.5% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 46107 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 decreased by 21.1%, 3 bedroom homes increased by 6.7%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 15 | 17 | +13.3% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 46107, you may be able to get a good deal. 58.8% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in 46107 in November 2024, up by 13.3% month-over-month. Of the 17 sold homes, 59% were sold under asking, 24% were sold at asking, and 18% were sold over asking.
Days on Market for 46107, IN
How long does it take to sell a home in 46107, IN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 23 Days | 26 Days | +13.3% |
Summary: Homes in 46107 had an average of 26 days on market in Nov 2024, up by 13.3% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 46107 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 17 homes were sold in 46107; 71% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.
Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by MLS GRID.