$6,769 Closing Credit*
$569,999
4 Beds
•3 Full Baths
Craig Culver, Listing Office: Berkshire Hathaway HomeServices Elkhart
Is 46507, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, 46507 was a Seller's Market.
Key Takeaway
46507 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 46507, IN
How much do homes in 46507, IN cost?
Median Sold Price
$413,000
$152/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$83,000(+25.2%)
Key Takeaway
Homes in 46507 have sold for 25.2% more than they did a month ago.
Summary: The median home sold price in 46507 was $413,000 in October 2024, up 25.2% from last month, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $324.9K | - | N/A |
| 3 Bedrooms | $325K | $413K | +27.1% |
| 4 Bedrooms | $330K | - | N/A |
| 5+ Bedrooms | $730K | - | N/A |
Summary: 46507 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 27.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in 46507, IN
How many homes are available in 46507, IN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 24 | 32 | +33.3% |
Summary: The 46507 real estate market had 32 homes for sale in October 2024, a 33.3% increase 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 | 9 | 12 | +33.3% |
| 4 Bedrooms | 9 | 12 | +33.3% |
| 5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The 46507 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 increased by 33.3%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 3 | -40.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 46507, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in 46507 in October 2024, down by 40.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for 46507, IN
We’re sorry, we don't have information for this market at the moment
The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2011-2024 Indiana Regional MLS. All rights reserved.