$1,722 Closing Credit*
$145,000
3 Beds
•1 Full Bath
America Martinez, Listing Office: Cressy & Everett- Elkhart
Is 46514, 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, 46514 has remained a Seller's Market.
Key Takeaway
46514 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 46514, IN
How much do homes in 46514, IN cost?
Median Sold Price
$259,900
$123/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$1,350(-0.5%)
Key Takeaway
Homes in 46514 have sold for 0.5% less than they did a month ago.
Summary: The median home sold price in 46514 was $259,900 in November 2024, down 0.5% from last month, and the median price per square foot was $123.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $189K | $207.8K | +10.0% |
| 3 Bedrooms | $280K | $229.6K | -18.0% |
| 4 Bedrooms | $242.6K | $400.9K | +65.3% |
| 5+ Bedrooms | $1.3M | $1.3M | -1.4% |
Summary: 46514 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 increased by 10%, 3 bedroom homes decreased by 18%, 4 bedroom homes increased by 65.3%, and 5+ bedroom homes decreased by 1.4%.
Housing Supply in 46514, IN
How many homes are available in 46514, IN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 143 | 149 | +4.2% |
Summary: The 46514 real estate market had 149 homes for sale in November 2024, a 4.2% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 21 | 25 | +19.0% |
| 3 Bedrooms | 78 | 79 | +1.3% |
| 4 Bedrooms | 35 | 34 | -2.9% |
| 5+ Bedrooms | 9 | 11 | +22.2% |
Summary: The 46514 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 increased by 19%, 3 bedroom homes increased by 1.3%, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes increased by 22.2%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 36 | 36 | 0.0% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 46514, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
Summary: A total of 36 homes were sold or pending in 46514 in November 2024, the same as the previous month. Of the 35 sold homes, 43% were sold under asking, 34% were sold at asking, and 23% were sold over asking.
Days on Market for 46514, 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.