$1,176 Closing Credit*
$99,000
1,808 SqFt
2 Beds
•1 Full Bath
Yumi Goodman, Listing Office: 92c Partners LLC
Is 46205, 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, 46205 has remained a Seller's Market.
Key Takeaway
46205 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 46205, IN
How much do homes in 46205, IN cost?
Median Sold Price
$299,500
$142/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$14,500(+5.1%)
Key Takeaway
Homes in 46205 have sold for 5.1% more than they did a year ago.
Summary: The median home sold price in 46205 was $299,500 in November 2024, up 5.1% from last year, and the median price per square foot was $142.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $107.5K | $252K | +134.4% |
| 2 Bedrooms | $208.9K | $217.7K | +4.2% |
| 3 Bedrooms | $285K | $320K | +12.3% |
| 4 Bedrooms | $425K | $435K | +2.4% |
| 5+ Bedrooms | $483.5K | $566.2K | +17.1% |
Summary: 46205 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 134.4%, 2 bedroom homes increased by 4.2%, 3 bedroom homes increased by 12.3%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes increased by 17.1%.
Housing Supply in 46205, IN
How many homes are available in 46205, IN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 168 | 169 | +0.6% |
Summary: The 46205 real estate market had 169 homes for sale in November 2024, a 0.6% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 38 | 34 | -10.5% |
| 3 Bedrooms | 78 | 84 | +7.7% |
| 4 Bedrooms | 43 | 44 | +2.3% |
| 5+ Bedrooms | 7 | 5 | -28.6% |
Summary: The 46205 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 decreased by 10.5%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes decreased by 28.6%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 27 | 30 | +11.1% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 46205, you may be able to get a good deal. 56.7% of homes here sold below asking price last month.
Summary: A total of 30 homes were sold or pending in 46205 in November 2024, up by 11.1% month-over-month. Of the 30 sold homes, 57% were sold under asking, 23% were sold at asking, and 20% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 40 Days | 30 Days | -24.8% |
Summary: Homes in 46205 had an average of 30 days on market in Nov 2024, down by 24.8% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
2 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 November 2024, 30 homes were sold in 46205; 70% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by MLS GRID.