$3,503 Closing Credit*
$295,000
1,605 SqFt
4 Beds
•2 Full Baths
Ron Rose, Listing Office: Indiana Realty Pros, Inc.
Is 46142, 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, 46142 has remained a Seller's Market.
Key Takeaway
46142 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 46142, IN
How much do homes in 46142, IN cost?
Median Sold Price
$320,000
$154/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$25,000(+8.5%)
Key Takeaway
Homes in 46142 have sold for 8.5% more than they did a year ago.
Summary: The median home sold price in 46142 was $320,000 in October 2024, up 8.5% from last year, and the median price per square foot was $154.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $156.7K | - | N/A |
| 2 Bedrooms | $240K | $238.5K | -0.6% |
| 3 Bedrooms | $274K | $287.4K | +4.9% |
| 4 Bedrooms | $347K | $344K | -0.9% |
| 5+ Bedrooms | $410K | $398.2K | -2.9% |
Summary: 46142 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 decreased by 0.6%, 3 bedroom homes increased by 4.9%, 4 bedroom homes decreased by 0.9%, and 5+ bedroom homes decreased by 2.9%.
Housing Supply in 46142, IN
How many homes are available in 46142, IN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 135 | 145 | +7.4% |
Summary: The 46142 real estate market had 145 homes for sale in October 2024, a 7.4% increase 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 | 11 | 10 | -9.1% |
| 3 Bedrooms | 76 | 80 | +5.3% |
| 4 Bedrooms | 34 | 34 | 0.0% |
| 5+ Bedrooms | 14 | 21 | +50.0% |
Summary: The 46142 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 9.1%, 3 bedroom homes increased by 5.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 38 | 41 | +7.9% |
Asking Price vs. Sold Price
26 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 46142, you may be able to get a good deal. 65% of homes here sold below asking price last month.
Summary: A total of 41 homes were sold or pending in 46142 in October 2024, up by 7.9% month-over-month. Of the 40 sold homes, 65% were sold under asking, 23% were sold at asking, and 13% were sold over asking.
Days on Market for 46142, IN
How long does it take to sell a home in 46142, IN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 12 Days | 26 Days | +111.3% |
Summary: Homes in 46142 had an average of 26 days on market in Oct 2024, up by 111.3% compared to last year.
Breakdown of Home Sale Times
27 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 46142 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 41 homes were sold in 46142; 66% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by MLS GRID.