$69,000
2.00 Acres
Land
Sarah Milner, Listing Office: Carpenter, REALTORS®
Is 46157, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 46157 was a Neutral Market.
Key Takeaway
46157 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 46157, IN
How much do homes in 46157, IN cost?
Median Sold Price
$312,500
$150/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$52,550(+20.2%)
Key Takeaway
Homes in 46157 have sold for 20.2% more than they did a year ago.
Summary: The median home sold price in 46157 was $312,500 in October 2024, up 20.2% from last year, and the median price per square foot was $150.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $85.7K | - | N/A |
| 2 Bedrooms | $185K | $322.5K | +74.3% |
| 3 Bedrooms | $247K | $280.2K | +13.4% |
| 4 Bedrooms | $275K | $312.5K | +13.6% |
| 5+ Bedrooms | $333K | $337.5K | +1.4% |
Summary: 46157 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 increased by 74.3%, 3 bedroom homes increased by 13.4%, 4 bedroom homes increased by 13.6%, and 5+ bedroom homes increased by 1.4%.
Housing Supply in 46157, IN
How many homes are available in 46157, IN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 49 | 54 | +10.2% |
Summary: The 46157 real estate market had 54 homes for sale in October 2024, a 10.2% 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 | 3 | 4 | +33.3% |
| 3 Bedrooms | 13 | 18 | +38.5% |
| 4 Bedrooms | 27 | 26 | -3.7% |
| 5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The 46157 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 33.3%, 3 bedroom homes increased by 38.5%, 4 bedroom homes decreased by 3.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 14 | 10 | -28.6% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 46157, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in 46157 in October 2024, down by 28.6% month-over-month. Of the 10 sold homes, 50% were sold under asking, 30% were sold at asking, and 20% were sold over asking.
Days on Market for 46157, IN
How long does it take to sell a home in 46157, IN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 25 Days | 38 Days | +54.7% |
Summary: Homes in 46157 had an average of 38 days on market in Oct 2024, up by 54.7% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 46157 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 10 homes were sold in 46157; 60% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by MLS GRID.
The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2011-2024 Indiana Regional MLS. All rights reserved.