Is 46158, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 46158 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 46158 has remained a Seller's Market.

Key Takeaway

46158 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 46158, IN

How much do homes in 46158, IN cost?

Median Sold Price

$290,000

$171/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$29,833(+11.5%)

Key Takeaway

Homes in 46158 have sold for 11.5% more than they did a year ago.

Summary: The median home sold price in 46158 was $290,000 in October 2024, up 11.5% from last year, and the median price per square foot was $171.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$154K
N/A
2 $194K$255K
+31.4%
3 $250K$272.5K
+9.0%
4 $338K$350K
+3.6%
5+ $470K$460K
-2.1%

Summary: 46158 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 31.4%, 3 bedroom homes increased by 9%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes decreased by 2.1%.

Median Sold Price Compared To Nearby Zip Codes

46158
+11.5%
46151
+5.5%
46168
+3.8%
46113
-2.5%

Housing Supply in 46158, IN

How many homes are available in 46158, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
9690-6.3%

Summary: The 46158 real estate market had 90 homes for sale in October 2024, a 6.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 1111
0.0%
3 5949
-16.9%
4 2125
+19.0%
5+ 33
0.0%

Summary: The 46158 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 remained the same, 3 bedroom homes decreased by 16.9%, 4 bedroom homes increased by 19%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2924-17.2%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 46158, you may be able to get a good deal. 58.3% of homes here sold below asking price last month.

Summary: A total of 24 homes were sold or pending in 46158 in October 2024, down by 17.2% month-over-month. Of the 24 sold homes, 58% were sold under asking, 25% were sold at asking, and 17% were sold over asking.

Days on Market for 46158, IN

How long does it take to sell a home in 46158, IN?

Average Sale Time

Oct 2023Oct 2024CHANGE
26 Days22 Days-14.3%

Summary: Homes in 46158 had an average of 22 days on market in Oct 2024, down by 14.3% compared to last year.

Breakdown of Home Sale Times

18 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 46158 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 24 homes were sold in 46158; 75% of homes were sold within 30 days, 25% 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 20 Days Ago

Newest Listings in 46158, IN

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