$2,375 Closing Credit*
$200,000
1,551 SqFt
2 Beds
•2 Full Baths, 1 Partial
Andrew Liechty, Listing Office: F.C. Tucker Company
Is 46250, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 46250 was a Seller's Market.
Key Takeaway
46250 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 46250, IN
How much do homes in 46250, IN cost?
Median Sold Price
$330,000
$156/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$40,500(+14.0%)
Key Takeaway
Homes in 46250 have sold for 14% more than they did a year ago.
Summary: The median home sold price in 46250 was $330,000 in November 2024, up 14% from last year, and the median price per square foot was $156.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $215K | $218K | +1.4% |
| 3 Bedrooms | $287K | $319.9K | +11.5% |
| 4 Bedrooms | $389.9K | $410K | +5.2% |
| 5+ Bedrooms | $433.5K | $505K | +16.5% |
Summary: 46250 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 increased by 1.4%, 3 bedroom homes increased by 11.5%, 4 bedroom homes increased by 5.2%, and 5+ bedroom homes increased by 16.5%.
Housing Supply in 46250, IN
How many homes are available in 46250, IN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 62 | 57 | -8.1% |
Summary: The 46250 real estate market had 57 homes for sale in November 2024, a 8.1% 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 | 17 | 16 | -5.9% |
| 3 Bedrooms | 24 | 23 | -4.2% |
| 4 Bedrooms | 17 | 13 | -23.5% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The 46250 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 5.9%, 3 bedroom homes decreased by 4.2%, 4 bedroom homes decreased by 23.5%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 18 | 9 | -50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 46250, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in 46250 in November 2024, down by 50.0% month-over-month. Of the 9 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for 46250, IN
How long does it take to sell a home in 46250, IN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 22 Days | 36 Days | +62.2% |
Summary: Homes in 46250 had an average of 36 days on market in Nov 2024, up by 62.2% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 46250 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 9 homes were sold in 46250; 67% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by MLS GRID.