$2,939 Closing Credit*
$247,500
1,578 SqFt
4 Beds
•2 Full Baths
Rosie Berzenye, Listing Office: T&H Realty Services, Inc.
Is 46234, 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, 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
$277,750
$146/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$6,750(+2.5%)
Key Takeaway
Homes in 46234 have sold for 2.5% more than they did a year ago.
Summary: The median home sold price in 46234 was $277,750 in November 2024, up 2.5% from last year, and the median price per square foot was $146.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $276.4K | N/A |
| 2 Bedrooms | $213K | $195.4K | -8.2% |
| 3 Bedrooms | $250K | $262K | +4.8% |
| 4 Bedrooms | $311K | $310K | -0.3% |
| 5+ Bedrooms | $411.7K | $367.5K | -10.7% |
Summary: 46234 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 8.2%, 3 bedroom homes increased by 4.8%, 4 bedroom homes decreased by 0.3%, and 5+ bedroom homes decreased by 10.7%.
Housing Supply in 46234, IN
How many homes are available in 46234, IN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 100 | 78 | -22.0% |
Summary: The 46234 real estate market had 78 homes for sale in November 2024, a 22.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 3 | -40.0% |
| 3 Bedrooms | 59 | 48 | -18.6% |
| 4 Bedrooms | 30 | 23 | -23.3% |
| 5+ Bedrooms | 6 | 4 | -33.3% |
Summary: The 46234 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 40%, 3 bedroom homes decreased by 18.6%, 4 bedroom homes decreased by 23.3%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 37 | 14 | -62.2% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 46234, you may be able to get a good deal. 64.3% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in 46234 in November 2024, down by 62.2% month-over-month. Of the 14 sold homes, 64% were sold under asking, 14% were sold at asking, and 21% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 16 Days | 28 Days | +69.4% |
Summary: Homes in 46234 had an average of 28 days on market in Nov 2024, up by 69.4% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
0 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 November 2024, 14 homes were sold in 46234; 57% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by MLS GRID.