$3,205 Closing Credit*
$269,900
1,256 SqFt
3 Beds
•2 Full Baths
Brette McGuire, Listing Office: Greene Realty, LLC
Is 46121, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 46121 was a Seller's Market.
Key Takeaway
46121 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 46121, IN
How much do homes in 46121, IN cost?
Median Sold Price
$298,399
$184/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$23,949(+8.7%)
Key Takeaway
Homes in 46121 have sold for 8.7% more than they did a year ago.
Summary: The median home sold price in 46121 was $298,399 in November 2024, up 8.7% from last year, and the median price per square foot was $184.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $228.5K | $267.5K | +17.1% |
| 3 Bedrooms | $266.6K | $289.7K | +8.7% |
| 4 Bedrooms | $330K | $429.9K | +30.3% |
| 5+ Bedrooms | $550K | $635K | +15.5% |
Summary: 46121 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 17.1%, 3 bedroom homes increased by 8.7%, 4 bedroom homes increased by 30.3%, and 5+ bedroom homes increased by 15.5%.
Median Sold Price Compared To Nearby Zip Codes
| 46121 | $274.4K | $298.3K | +8.7% |
| 46118 | $285.4K | $289K | +1.3% |
| 46128 | $290K | $259.9K | -10.4% |
Housing Supply in 46121, IN
How many homes are available in 46121, IN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 52 | 59 | +13.5% |
Summary: The 46121 real estate market had 59 homes for sale in November 2024, a 13.5% increase 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 | 3 | 0.0% |
| 3 Bedrooms | 38 | 45 | +18.4% |
| 4 Bedrooms | 10 | 9 | -10.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The 46121 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 18.4%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 | 8 | -42.9% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 46121, you may be able to get a good deal. 37.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in 46121 in November 2024, down by 42.9% month-over-month. Of the 8 sold homes, 38% were sold under asking, 38% were sold at asking, and 25% were sold over asking.
Days on Market for 46121, IN
How long does it take to sell a home in 46121, IN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 26 Days | 34 Days | +29.3% |
Summary: Homes in 46121 had an average of 34 days on market in Nov 2024, up by 29.3% compared to last year.
Breakdown of Home Sale Times
4 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 46121 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 8 homes were sold in 46121; 50% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by MLS GRID.