$4,275 Closing Credit*
$360,000
2,323 SqFt
3 Beds
•2 Full Baths, 1 Partial
Orin Edwards, Listing Office: CENTURY 21 Scheetz
Is 46234, 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, 46234 has remained a Seller's Market.
Key Takeaway
46234 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 46234, IN
How much do homes in 46234, IN cost?
Median Sold Price
$280,000
$147/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$16,000(+6.1%)
Key Takeaway
Homes in 46234 have sold for 6.1% more than they did a year ago.
Summary: The median home sold price in 46234 was $280,000 in October 2024, up 6.1% from last year, and the median price per square foot was $147.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $276.4K | N/A |
| 2 Bedrooms | $212.5K | $196.9K | -7.3% |
| 3 Bedrooms | $250K | $265K | +6.0% |
| 4 Bedrooms | $308.4K | $310K | 0.5% |
| 5+ Bedrooms | $411.7K | $379.9K | -7.7% |
Summary: 46234 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 7.3%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 0.5%, and 5+ bedroom homes decreased by 7.7%.
Housing Supply in 46234, IN
How many homes are available in 46234, IN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 97 | 99 | +2.1% |
Summary: The 46234 real estate market had 99 homes for sale in October 2024, a 2.1% increase 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 | 8 | 5 | -37.5% |
| 3 Bedrooms | 55 | 59 | +7.3% |
| 4 Bedrooms | 28 | 30 | +7.1% |
| 5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The 46234 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 37.5%, 3 bedroom homes increased by 7.3%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 25 | 35 | +40.0% |
Asking Price vs. Sold Price
23 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 46234, you may be able to get a good deal. 65.7% of homes here sold below asking price last month.
Summary: A total of 35 homes were sold or pending in 46234 in October 2024, up by 40.0% month-over-month. Of the 35 sold homes, 66% were sold under asking, 20% were sold at asking, and 14% were sold over asking.
Days on Market for 46234, IN
How long does it take to sell a home in 46234, IN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 20 Days | 35 Days | +73.7% |
Summary: Homes in 46234 had an average of 35 days on market in Oct 2024, up by 73.7% compared to last year.
Breakdown of Home Sale Times
26 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 46234 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 35 homes were sold in 46234; 74% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by MLS GRID.