Is 46143, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 46143 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 46143 has remained a Seller's Market.

Key Takeaway

46143 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 46143, IN

How much do homes in 46143, IN cost?

Median Sold Price

$314,485

$156/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$14,285(+4.8%)

Key Takeaway

Homes in 46143 have sold for 4.8% more than they did a year ago.

Summary: The median home sold price in 46143 was $314,485 in October 2024, up 4.8% from last year, and the median price per square foot was $156.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $172.5K$177K
+2.6%
2 $214.2K$225.7K
+5.4%
3 $266K$271.5K
+2.1%
4 $360K$375K
+4.2%
5+ $450K$424K
-5.8%

Summary: 46143 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.6%, 2 bedroom homes increased by 5.4%, 3 bedroom homes increased by 2.1%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes decreased by 5.8%.

Median Sold Price Compared To Nearby Zip Codes

46142
+8.5%
46143
+4.8%
46237
+4.8%
46227
+3.6%
46184
+1.4%

Housing Supply in 46143, IN

How many homes are available in 46143, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
310319+2.9%

Summary: The 46143 real estate market had 319 homes for sale in October 2024, a 2.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 4433
-25.0%
3 122124
+1.6%
4 101120
+18.8%
5+ 4342
-2.3%

Summary: The 46143 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 25%, 3 bedroom homes increased by 1.6%, 4 bedroom homes increased by 18.8%, and 5+ bedroom homes decreased by 2.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
7779+2.6%

Asking Price vs. Sold Price

50 Homes Were Sold
Under Asking

18 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 46143, you may be able to get a good deal. 64.1% of homes here sold below asking price last month.

Summary: A total of 79 homes were sold or pending in 46143 in October 2024, up by 2.6% month-over-month. Of the 78 sold homes, 64% were sold under asking, 23% were sold at asking, and 13% were sold over asking.

Days on Market for 46143, IN

How long does it take to sell a home in 46143, IN?

Average Sale Time

Oct 2023Oct 2024CHANGE
32 Days31 Days-2.8%

Summary: Homes in 46143 had an average of 31 days on market in Oct 2024, down by 2.8% compared to last year.

Breakdown of Home Sale Times

50 Homes Were Sold
Under 30 Days

24 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 46143 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 79 homes were sold in 46143; 63% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 5% 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 17 Days Ago

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