$10,000 Closing Credit*
$850,000
3,696 SqFt
4 Beds
•3 Full Baths, 1 Partial
Kiersten Achey, Listing Office: Affinity Corporate Real Estate Professionals, Inc.
Is 46236, 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, 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
$341,333
$153/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$16,333(+5.0%)
Key Takeaway
Homes in 46236 have sold for 5% more than they did a year ago.
Summary: The median home sold price in 46236 was $341,333 in October 2024, up 5% from last year, and the median price per square foot was $153.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $167K | $160K | -4.2% |
| 2 Bedrooms | $192.2K | $190K | -1.2% |
| 3 Bedrooms | $264.5K | $280K | +5.9% |
| 4 Bedrooms | $365K | $411.9K | +12.9% |
| 5+ Bedrooms | $680K | $699.9K | +2.9% |
Summary: 46236 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.2%, 2 bedroom homes decreased by 1.2%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 12.9%, and 5+ bedroom homes increased by 2.9%.
Housing Supply in 46236, IN
How many homes are available in 46236, IN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 130 | 115 | -11.5% |
Summary: The 46236 real estate market had 115 homes for sale in October 2024, a 11.5% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 53 | 41 | -22.6% |
| 4 Bedrooms | 54 | 52 | -3.7% |
| 5+ Bedrooms | 19 | 17 | -10.5% |
Summary: The 46236 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 22.6%, 4 bedroom homes decreased by 3.7%, and 5+ bedroom homes decreased by 10.5%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 38 | 34 | -10.5% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 46236, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 34 homes were sold or pending in 46236 in October 2024, down by 10.5% month-over-month. Of the 34 sold homes, 50% were sold under asking, 29% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 14 Days | 28 Days | +96.9% |
Summary: Homes in 46236 had an average of 28 days on market in Oct 2024, up by 96.9% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 46236 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 34 homes were sold in 46236; 68% of homes were sold within 30 days, 24% 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.