Is 46239, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 46239 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 46239 has remained a Seller's Market.

Key Takeaway

46239 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 46239, IN

How much do homes in 46239, IN cost?

Median Sold Price

$285,000

$145/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$2,000(-0.7%)

Key Takeaway

Homes in 46239 have sold for 0.7% less than they did a year ago.

Summary: The median home sold price in 46239 was $285,000 in December 2024, down 0.7% from last year, and the median price per square foot was $145.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $282.5K$279K
-1.2%
3 $260K$260K
0.0%
4 $304K$305K
0.3%
5+ $389K$405K
+4.1%

Summary: 46239 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.2%, 3 bedroom homes did not change, 4 bedroom homes increased by 0.3%, and 5+ bedroom homes increased by 4.1%.

Median Sold Price Compared To Nearby Zip Codes

46259
+5.1%
46237
+4.9%
46219
+3.9%
46229
+2.3%
46239
-0.7%

Housing Supply in 46239, IN

How many homes are available in 46239, IN?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
157153-2.5%

Summary: The 46239 real estate market had 153 homes for sale in December 2024, a 2.5% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 2525
0.0%
3 7568
-9.3%
4 4849
+2.1%
5+ 911
+22.2%

Summary: The 46239 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 9.3%, 4 bedroom homes increased by 2.1%, and 5+ bedroom homes increased by 22.2%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
29290.0%

Asking Price vs. Sold Price

20 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 46239, you may be able to get a good deal. 69% of homes here sold below asking price last month.

Summary: A total of 29 homes were sold or pending in 46239 in December 2024, the same as the previous month. Of the 29 sold homes, 69% were sold under asking, 21% were sold at asking, and 10% were sold over asking.

Days on Market for 46239, IN

How long does it take to sell a home in 46239, IN?

Average Sale Time

Dec 2023Dec 2024CHANGE
46 Days49 Days+7.2%

Summary: Homes in 46239 had an average of 49 days on market in Dec 2024, up by 7.2% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 46239 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 29 homes were sold in 46239; 45% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 17% 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 6 Days Ago

Newest Listings in 46239, IN

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