Is 46126, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 46126 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 46126 has remained a Seller's Market.

Key Takeaway

46126 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 46126, IN

How much do homes in 46126, IN cost?

Median Sold Price

$326,250

$171/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$86,800(+36.2%)

Key Takeaway

Homes in 46126 have sold for 36.2% more than they did a year ago.

Summary: The median home sold price in 46126 was $326,250 in December 2024, up 36.2% from last year, and the median price per square foot was $171.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $154.9K$157.9K
+1.9%
3 $231.9K$315K
+35.8%
4 $305K$411K
+34.8%
5+ $432.5K$399.9K
-7.5%

Summary: 46126 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.9%, 3 bedroom homes increased by 35.8%, 4 bedroom homes increased by 34.8%, and 5+ bedroom homes decreased by 7.5%.

Median Sold Price Compared To Nearby Zip Codes

46126
+36.2%
46259
+5.1%
46163
+0.8%

Housing Supply in 46126, IN

How many homes are available in 46126, IN?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1817-5.6%

Summary: The 46126 real estate market had 17 homes for sale in December 2024, a 5.6% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 22
0.0%
3 1011
+10.0%
4 33
0.0%
5+ 31
-66.7%

Summary: The 46126 housing inventory by bedroom type for December 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 10%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 66.7%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 46126, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 46126 in December 2024, up by 100.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for 46126, IN

How long does it take to sell a home in 46126, IN?

Average Sale Time

Dec 2023Dec 2024CHANGE
15 Days21 Days+45.0%

Summary: Homes in 46126 had an average of 21 days on market in Dec 2024, up by 45% compared to last year.

Breakdown of Home Sale Times

2 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 46126 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 4 homes were sold in 46126; 50% of homes were sold within 30 days, 50% 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 8 Days Ago

Newest Listings in 46126, IN

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