Is 46156, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 46156 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 46156 has remained a Seller's Market.

Key Takeaway

46156 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 46156, IN

How much do homes in 46156, IN cost?

Median Sold Price

$175,000

$137/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$161,000(-47.9%)

Key Takeaway

Homes in 46156 have sold for 47.9% less than they did a month ago.

Summary: The median home sold price in 46156 was $175,000 in October 2024, down 47.9% from last month, and the median price per square foot was $137.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$55K
N/A
3 $336K$295K
-12.2%
4 --
N/A
5+ --
N/A

Summary: 46156 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 12.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

46150
+126.9%
46156
-47.9%

Housing Supply in 46156, IN

How many homes are available in 46156, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
76-14.3%

Summary: The 46156 real estate market had 6 homes for sale in October 2024, a 14.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 53
-40.0%
4 22
0.0%
5+ 00
0.0%

Summary: The 46156 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 increased by 100%, 3 bedroom homes decreased by 40%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
220.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 46156, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 46156 in October 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 46156, IN

How long does it take to sell a home in 46156, IN?

Average Sale Time

Sep 2024Oct 2024CHANGE
57 Days43 Days-24.3%

Summary: Homes in 46156 had an average of 43 days on market in Oct 2024, down by 24.3% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 46156 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in 46156; 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 14 Days Ago

Newest Listings in 46156, IN

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