Is 46501, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 46501 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 46501 has remained a Seller's Market.

Key Takeaway

46501 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 46501, IN

How much do homes in 46501, IN cost?

Median Sold Price

$256,000

$140/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$91,000(+55.2%)

Key Takeaway

Homes in 46501 have sold for 55.2% more than they did a month ago.

Summary: The median home sold price in 46501 was $256,000 in November 2024, up 55.2% from last month, and the median price per square foot was $140.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $176K-
N/A
3 $165K$256K
+55.2%
4 $165K-
N/A
5+ --
N/A

Summary: 46501 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 55.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

46501
+55.2%
46975
+27.7%
46563
+26.2%

Housing Supply in 46501, IN

How many homes are available in 46501, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1611-31.3%

Summary: The 46501 real estate market had 11 homes for sale in November 2024, a 31.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 20
-100.0%
3 106
-40.0%
4 34
+33.3%
5+ 11
0.0%

Summary: The 46501 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 100%, 3 bedroom homes decreased by 40%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
72-71.4%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 46501, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in 46501 in November 2024, down by 71.4% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for 46501, IN

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in 46501, IN

Nearby Markets to 46501, IN