$3,681 Closing Credit*
$310,000
1,517 SqFt
3 Beds
•2 Full Baths
Vern Carter, Listing Office: Flat Fee Realty, LLC
Is 46280, 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, 46280 has remained a Seller's Market.
Key Takeaway
46280 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 46280, IN
How much do homes in 46280, IN cost?
Median Sold Price
$360,000
$206/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$35,250(+10.9%)
Key Takeaway
Homes in 46280 have sold for 10.9% more than they did a year ago.
Summary: The median home sold price in 46280 was $360,000 in October 2024, up 10.9% from last year, and the median price per square foot was $206.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $224.9K | $220K | -2.2% |
| 2 Bedrooms | $295K | $319K | +8.1% |
| 3 Bedrooms | $315K | $350K | +11.1% |
| 4 Bedrooms | $425.2K | $480.5K | +13.0% |
| 5+ Bedrooms | $485K | $465K | -4.1% |
Summary: 46280 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.2%, 2 bedroom homes increased by 8.1%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 13%, and 5+ bedroom homes decreased by 4.1%.
Housing Supply in 46280, IN
How many homes are available in 46280, IN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 26 | 29 | +11.5% |
Summary: The 46280 real estate market had 29 homes for sale in October 2024, a 11.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 6 | 9 | +50.0% |
| 3 Bedrooms | 15 | 15 | 0.0% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The 46280 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 50%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 8 | -27.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 46280, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in 46280 in October 2024, down by 27.3% month-over-month. Of the 8 sold homes, 50% were sold under asking, 38% were sold at asking, and 13% were sold over asking.
Days on Market for 46280, IN
How long does it take to sell a home in 46280, IN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 7 Days | 15 Days | +109.3% |
Summary: Homes in 46280 had an average of 15 days on market in Oct 2024, up by 109.3% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 46280 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 8 homes were sold in 46280; 88% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by MLS GRID.