$2,494 Closing Credit*
$210,000
2,116 SqFt
2 Beds
•1 Full Bath
Tracy Vatnsdal, Listing Office: F.C. Tucker Company
Is 46205, 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, 46205 was a Seller's Market.
Key Takeaway
46205 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 46205, IN
How much do homes in 46205, IN cost?
Median Sold Price
$293,500
$141/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$12,500(+4.4%)
Key Takeaway
Homes in 46205 have sold for 4.4% more than they did a year ago.
Summary: The median home sold price in 46205 was $293,500 in October 2024, up 4.4% from last year, and the median price per square foot was $141.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $107.5K | $285K | +165.1% |
| 2 Bedrooms | $210K | $215K | +2.4% |
| 3 Bedrooms | $286.5K | $313K | +9.2% |
| 4 Bedrooms | $410K | $440K | +7.3% |
| 5+ Bedrooms | $468K | $513.7K | +9.8% |
Summary: 46205 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 165.1%, 2 bedroom homes increased by 2.4%, 3 bedroom homes increased by 9.2%, 4 bedroom homes increased by 7.3%, and 5+ bedroom homes increased by 9.8%.
Housing Supply in 46205, IN
How many homes are available in 46205, IN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 150 | 184 | +22.7% |
Summary: The 46205 real estate market had 184 homes for sale in October 2024, a 22.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 32 | 39 | +21.9% |
| 3 Bedrooms | 68 | 86 | +26.5% |
| 4 Bedrooms | 44 | 48 | +9.1% |
| 5+ Bedrooms | 5 | 9 | +80.0% |
Summary: The 46205 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 21.9%, 3 bedroom homes increased by 26.5%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 80%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 29 | 27 | -6.9% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 46205, you may be able to get a good deal. 51.9% of homes here sold below asking price last month.
Summary: A total of 27 homes were sold or pending in 46205 in October 2024, down by 6.9% month-over-month. Of the 27 sold homes, 52% were sold under asking, 19% were sold at asking, and 30% were sold over asking.
Days on Market for 46205, IN
How long does it take to sell a home in 46205, IN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 52 Days | 58 Days | +11.8% |
Summary: Homes in 46205 had an average of 58 days on market in Oct 2024, up by 11.8% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 46205 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 27 homes were sold in 46205; 44% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.
Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by MLS GRID.