$2,244 Closing Credit*
$189,000
1,220 SqFt
2 Beds
•2 Full Baths
Stephanie Lee, Listing Office: Carpenter, REALTORS®
Is 46147, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 46147 has remained a Seller's Market.
Key Takeaway
46147 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 46147, IN
How much do homes in 46147, IN cost?
Median Sold Price
$332,500
$162/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$110,500(+49.8%)
Key Takeaway
Homes in 46147 have sold for 49.8% more than they did a year ago.
Summary: The median home sold price in 46147 was $332,500 in November 2024, up 49.8% from last year, and the median price per square foot was $162.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $172.5K | $189K | +9.6% |
| 3 Bedrooms | $247K | $300K | +21.5% |
| 4 Bedrooms | $279.5K | $477.5K | +70.8% |
| 5+ Bedrooms | - | - | N/A |
Summary: 46147 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 9.6%, 3 bedroom homes increased by 21.5%, 4 bedroom homes increased by 70.8%, and 5+ bedroom homes did not change.
Housing Supply in 46147, IN
How many homes are available in 46147, IN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 13 | 12 | -7.7% |
Summary: The 46147 real estate market had 12 homes for sale in November 2024, a 7.7% decrease 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 | 2 | 3 | +50.0% |
| 3 Bedrooms | 7 | 6 | -14.3% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 46147 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 increased by 50%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 46147, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 4 homes were sold or pending in 46147 in November 2024, down by 20.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.
Days on Market for 46147, IN
How long does it take to sell a home in 46147, IN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 14 Days | 78 Days | +445.9% |
Summary: Homes in 46147 had an average of 78 days on market in Nov 2024, up by 445.9% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 46147 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in 46147; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by MLS GRID.