$4,038 Closing Credit*
$340,000
Patricia McCormick, Listing Office: Trueblood Real Estate
Is 46219, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$112/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$11,500(+6.1%)
Key Takeaway
Homes in 46219 have sold for 6.1% more than they did a year ago.
Summary: The median home sold price in 46219 was $200,000 in October 2024, up 6.1% from last year, and the median price per square foot was $112.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $107.5K | $71.5K | -33.5% |
| 2 Bedrooms | $169K | $170K | +0.6% |
| 3 Bedrooms | $189.9K | $198.7K | +4.6% |
| 4 Bedrooms | $234K | $230K | -1.7% |
| 5+ Bedrooms | $246K | $323.7K | +31.6% |
Summary: 46219 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 33.5%, 2 bedroom homes increased by 0.6%, 3 bedroom homes increased by 4.6%, 4 bedroom homes decreased by 1.7%, and 5+ bedroom homes increased by 31.6%.
Housing Supply in 46219, IN
How many homes are available in 46219, IN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 165 | 161 | -2.4% |
Summary: The 46219 real estate market had 161 homes for sale in October 2024, a 2.4% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 45 | 44 | -2.2% |
| 3 Bedrooms | 81 | 82 | +1.2% |
| 4 Bedrooms | 33 | 32 | -3.0% |
| 5+ Bedrooms | 6 | 3 | -50.0% |
Summary: The 46219 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 decreased by 2.2%, 3 bedroom homes increased by 1.2%, 4 bedroom homes decreased by 3%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 53 | 40 | -24.5% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 46219, you may be able to get a good deal. 42.5% of homes here sold below asking price last month.
Summary: A total of 40 homes were sold or pending in 46219 in October 2024, down by 24.5% month-over-month. Of the 40 sold homes, 43% were sold under asking, 30% were sold at asking, and 28% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 19 Days | 28 Days | +42.3% |
Summary: Homes in 46219 had an average of 28 days on market in Oct 2024, up by 42.3% compared to last year.
Breakdown of Home Sale Times
29 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 46219 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 40 homes were sold in 46219; 73% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.
Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by MLS GRID.