Is 46373, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 46373 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 46373 has remained a Seller's Market.

Key Takeaway

46373 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 46373, IN

How much do homes in 46373, IN cost?

Median Sold Price

$359,990

$176/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$30,004(-7.7%)

Key Takeaway

Homes in 46373 have sold for 7.7% less than they did a year ago.

Summary: The median home sold price in 46373 was $359,990 in December 2024, down 7.7% from last year, and the median price per square foot was $176.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $372.9K-
N/A
2 $354.4K$407.4K
+14.9%
3 $365.9K$309.9K
-15.3%
4 $409.9K$447.5K
+9.1%
5+ $697K$768K
+10.2%

Summary: 46373 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 increased by 14.9%, 3 bedroom homes decreased by 15.3%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 10.2%.

Housing Supply in 46373, IN

How many homes are available in 46373, IN?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
2423-4.2%

Summary: The 46373 real estate market had 23 homes for sale in December 2024, a 4.2% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 22
0.0%
3 1212
0.0%
4 109
-10.0%
5+ 00
0.0%

Summary: The 46373 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 remained the same, 4 bedroom homes decreased by 10%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
84-50.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 46373, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 46373 in December 2024, down by 50.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for 46373, IN

How long does it take to sell a home in 46373, IN?

Average Sale Time

Dec 2023Dec 2024CHANGE
49 Days40 Days-18.2%

Summary: Homes in 46373 had an average of 40 days on market in Dec 2024, down by 18.2% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 46373 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 4 homes were sold in 46373; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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 2 Days Ago

Newest Listings in 46373, IN

Nearby Markets to 46373, IN