$2,671 Closing Credit*
$224,900
2,616 SqFt
3 Beds
•2 Full Baths
Timothy Ratliff, Listing Office: Carpenter, REALTORS®
Is 46113, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 46113 has remained a Seller's Market.
Key Takeaway
46113 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 46113, IN
How much do homes in 46113, IN cost?
Median Sold Price
$270,000
$139/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$7,000(-2.5%)
Key Takeaway
Homes in 46113 have sold for 2.5% less than they did a year ago.
Summary: The median home sold price in 46113 was $270,000 in October 2024, down 2.5% from last year, and the median price per square foot was $139.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $212.8K | $225K | +5.7% |
| 3 Bedrooms | $262K | $250K | -4.6% |
| 4 Bedrooms | $302.9K | $307.9K | +1.7% |
| 5+ Bedrooms | $358K | $335K | -6.4% |
Summary: 46113 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.7%, 3 bedroom homes decreased by 4.6%, 4 bedroom homes increased by 1.7%, and 5+ bedroom homes decreased by 6.4%.
Housing Supply in 46113, IN
How many homes are available in 46113, IN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 83 | 77 | -7.2% |
Summary: The 46113 real estate market had 77 homes for sale in October 2024, a 7.2% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 5 | -28.6% |
| 3 Bedrooms | 46 | 40 | -13.0% |
| 4 Bedrooms | 26 | 27 | +3.8% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The 46113 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 decreased by 28.6%, 3 bedroom homes decreased by 13%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 29 | 14 | -51.7% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 46113, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in 46113 in October 2024, down by 51.7% month-over-month. Of the 14 sold homes, 57% were sold under asking, 21% were sold at asking, and 21% were sold over asking.
Days on Market for 46113, IN
How long does it take to sell a home in 46113, IN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 19 Days | 29 Days | +51.7% |
Summary: Homes in 46113 had an average of 29 days on market in Oct 2024, up by 51.7% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 46113 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 14 homes were sold in 46113; 71% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by MLS GRID.