$2,553 Closing Credit*
$215,000
1,373 SqFt
3 Beds
•1 Full Bath
Michael Berry, Listing Office: Carpenter, REALTORS®
Is 46214, 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, 46214 has remained a Seller's Market.
Key Takeaway
46214 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 46214, IN
How much do homes in 46214, IN cost?
Median Sold Price
$237,000
$149/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$11,500(+5.1%)
Key Takeaway
Homes in 46214 have sold for 5.1% more than they did a year ago.
Summary: The median home sold price in 46214 was $237,000 in November 2024, up 5.1% from last year, and the median price per square foot was $149.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $140.5K | $118.5K | -15.7% |
| 2 Bedrooms | $176K | $185K | +5.1% |
| 3 Bedrooms | $235K | $237K | +0.9% |
| 4 Bedrooms | $279K | $270K | -3.2% |
| 5+ Bedrooms | $372K | $375K | +0.8% |
Summary: 46214 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 15.7%, 2 bedroom homes increased by 5.1%, 3 bedroom homes increased by 0.9%, 4 bedroom homes decreased by 3.2%, and 5+ bedroom homes increased by 0.8%.
Housing Supply in 46214, IN
How many homes are available in 46214, IN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 67 | 46 | -31.3% |
Summary: The 46214 real estate market had 46 homes for sale in November 2024, a 31.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 16 | 13 | -18.8% |
| 3 Bedrooms | 30 | 19 | -36.7% |
| 4 Bedrooms | 17 | 11 | -35.3% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The 46214 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 18.8%, 3 bedroom homes decreased by 36.7%, 4 bedroom homes decreased by 35.3%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 24 | 19 | -20.8% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 46214, you may be able to get a good deal. 47.4% of homes here sold below asking price last month.
Summary: A total of 19 homes were sold or pending in 46214 in November 2024, down by 20.8% month-over-month. Of the 19 sold homes, 47% were sold under asking, 42% were sold at asking, and 11% were sold over asking.
Days on Market for 46214, IN
How long does it take to sell a home in 46214, IN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 21 Days | 29 Days | +35.7% |
Summary: Homes in 46214 had an average of 29 days on market in Nov 2024, up by 35.7% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 46214 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 19 homes were sold in 46214; 68% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by MLS GRID.