Is 46236, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 46236 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 46236 has remained a Seller's Market.

Key Takeaway

46236 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 46236, IN

How much do homes in 46236, IN cost?

Median Sold Price

$339,861

$154/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$11,352(+3.5%)

Key Takeaway

Homes in 46236 have sold for 3.5% more than they did a year ago.

Summary: The median home sold price in 46236 was $339,861 in November 2024, up 3.5% from last year, and the median price per square foot was $154.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $167K$160K
-4.2%
2 $192K$198K
+3.1%
3 $263K$280K
+6.5%
4 $370K$405K
+9.5%
5+ $670K$745K
+11.2%

Summary: 46236 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.2%, 2 bedroom homes increased by 3.1%, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes increased by 11.2%.

Median Sold Price Compared To Nearby Zip Codes

46216
+15.2%
46235
+11.7%
46055
+5.2%
46256
+4.5%
46236
+3.5%

Housing Supply in 46236, IN

How many homes are available in 46236, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
120105-12.5%

Summary: The 46236 real estate market had 105 homes for sale in November 2024, a 12.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 57
+40.0%
3 4541
-8.9%
4 5244
-15.4%
5+ 1712
-29.4%

Summary: The 46236 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 40%, 3 bedroom homes decreased by 8.9%, 4 bedroom homes decreased by 15.4%, and 5+ bedroom homes decreased by 29.4%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3528-20.0%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 46236, expect to pay close to the asking price. 42.9% of homes here sold near the asking price last month.

Summary: A total of 28 homes were sold or pending in 46236 in November 2024, down by 20.0% month-over-month. Of the 28 sold homes, 36% were sold under asking, 43% were sold at asking, and 21% were sold over asking.

Days on Market for 46236, IN

How long does it take to sell a home in 46236, IN?

Average Sale Time

Nov 2023Nov 2024CHANGE
28 Days36 Days+25.3%

Summary: Homes in 46236 had an average of 36 days on market in Nov 2024, up by 25.3% compared to last year.

Breakdown of Home Sale Times

17 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 46236 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 28 homes were sold in 46236; 61% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 14% 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

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