$2,126 Closing Credit*
$179,000
1,139 SqFt
2 Beds
•1 Full Bath, 1 Partial
Andrew Neal, Listing Office: eXp Realty LLC
Is 46254, 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, 46254 has remained a Seller's Market.
Key Takeaway
46254 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 46254, IN
How much do homes in 46254, IN cost?
Median Sold Price
$219,000
$147/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$9,000(+4.3%)
Key Takeaway
Homes in 46254 have sold for 4.3% more than they did a year ago.
Summary: The median home sold price in 46254 was $219,000 in October 2024, up 4.3% from last year, and the median price per square foot was $147.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $245K | - | N/A |
| 2 Bedrooms | $165K | $179.9K | +9.1% |
| 3 Bedrooms | $221.9K | $229.9K | +3.6% |
| 4 Bedrooms | $267.2K | $279.9K | +4.8% |
| 5+ Bedrooms | $345K | $357.5K | +3.6% |
Summary: 46254 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9.1%, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes increased by 3.6%.
Housing Supply in 46254, IN
How many homes are available in 46254, IN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 108 | 108 | 0.0% |
Summary: The 46254 real estate market had 108 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 29 | 32 | +10.3% |
| 3 Bedrooms | 59 | 60 | +1.7% |
| 4 Bedrooms | 19 | 16 | -15.8% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The 46254 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 10.3%, 3 bedroom homes increased by 1.7%, 4 bedroom homes decreased by 15.8%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 34 | 30 | -11.8% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 46254, you may be able to get a good deal. 53.3% of homes here sold below asking price last month.
Summary: A total of 30 homes were sold or pending in 46254 in October 2024, down by 11.8% month-over-month. Of the 30 sold homes, 53% were sold under asking, 27% were sold at asking, and 20% were sold over asking.
Days on Market for 46254, IN
How long does it take to sell a home in 46254, IN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 15 Days | 23 Days | +55.4% |
Summary: Homes in 46254 had an average of 23 days on market in Oct 2024, up by 55.4% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 46254 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 30 homes were sold in 46254; 77% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by MLS GRID.