Is 46219, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 46219 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 46219 has remained a Seller's Market.

Key Takeaway

46219 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 46219, IN

How much do homes in 46219, IN cost?

Median Sold Price

$200,000

$113/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$8,666(+4.5%)

Key Takeaway

Homes in 46219 have sold for 4.5% more than they did a year ago.

Summary: The median home sold price in 46219 was $200,000 in November 2024, up 4.5% from last year, and the median price per square foot was $113.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $105K$71.5K
-31.9%
2 $169.5K$170.5K
+0.6%
3 $191.3K$197.5K
+3.2%
4 $234K$235K
0.4%
5+ $262.9K$315K
+19.8%

Summary: 46219 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 31.9%, 2 bedroom homes increased by 0.6%, 3 bedroom homes increased by 3.2%, 4 bedroom homes increased by 0.4%, and 5+ bedroom homes increased by 19.8%.

Median Sold Price Compared To Nearby Zip Codes

46203
+18.7%
46218
+18.2%
46201
+6.7%
46219
+4.5%
46226
+3.6%

Housing Supply in 46219, IN

How many homes are available in 46219, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
155147-5.2%

Summary: The 46219 real estate market had 147 homes for sale in November 2024, a 5.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 4041
+2.5%
3 8078
-2.5%
4 3124
-22.6%
5+ 44
0.0%

Summary: The 46219 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 increased by 2.5%, 3 bedroom homes decreased by 2.5%, 4 bedroom homes decreased by 22.6%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
4239-7.1%

Asking Price vs. Sold Price

18 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 46219, you may be able to get a good deal. 46.2% of homes here sold below asking price last month.

Summary: A total of 39 homes were sold or pending in 46219 in November 2024, down by 7.1% month-over-month. Of the 39 sold homes, 46% were sold under asking, 28% were sold at asking, and 26% were sold over asking.

Days on Market for 46219, IN

How long does it take to sell a home in 46219, IN?

Average Sale Time

Nov 2023Nov 2024CHANGE
23 Days25 Days+7.9%

Summary: Homes in 46219 had an average of 25 days on market in Nov 2024, up by 7.9% compared to last year.

Breakdown of Home Sale Times

30 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 46219 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 39 homes were sold in 46219; 77% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 8% 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 21 Days Ago

Newest Listings in 46219, IN

Nearby Markets to 46219, IN