$2,351 Closing Credit*
$198,000
4 Beds
•1 Full Bath
Derek Morgan, Listing Office: Unreal Estate LLC
Is 46501, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
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
$165,000
$104/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$8,000(+5.1%)
Key Takeaway
Homes in 46501 have sold for 5.1% more than they did a month ago.
Summary: The median home sold price in 46501 was $165,000 in October 2024, up 5.1% from last month, and the median price per square foot was $104.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $176K | N/A |
| 3 Bedrooms | $157K | $165K | +5.1% |
| 4 Bedrooms | $214.4K | $165K | -23.1% |
| 5+ Bedrooms | - | - | N/A |
Summary: 46501 housing prices by bedroom type for October 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 5.1%, 4 bedroom homes decreased by 23.1%, and 5+ bedroom homes did not change.
Housing Supply in 46501, IN
How many homes are available in 46501, IN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 17 | 16 | -5.9% |
Summary: The 46501 real estate market had 16 homes for sale in October 2024, a 5.9% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 10 | 10 | 0.0% |
| 4 Bedrooms | 5 | 3 | -40.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The 46501 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 40%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 7 | +133.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 46501, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in 46501 in October 2024, up by 133.3% month-over-month. Of the 7 sold homes, 57% were sold under asking, 14% were sold at asking, and 29% were sold over asking.
Days on Market for 46501, IN
We’re sorry, we don't have information for this market at the moment
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