$3,194 Closing Credit*
$269,000
4 Beds
•2 Full Baths
Cynthia Acosta, Listing Office: Century 21 Circle
Is 46516, 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, 46516 has remained a Seller's Market.
Key Takeaway
46516 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 46516, IN
How much do homes in 46516, IN cost?
Median Sold Price
$175,000
$119/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$34,750(-16.6%)
Key Takeaway
Homes in 46516 have sold for 16.6% less than they did a month ago.
Summary: The median home sold price in 46516 was $175,000 in October 2024, down 16.6% from last month, and the median price per square foot was $119.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $103K | - | N/A |
| 2 Bedrooms | $87.5K | $155.5K | +77.7% |
| 3 Bedrooms | $246K | $196K | -20.3% |
| 4 Bedrooms | $165K | $193K | +17.0% |
| 5+ Bedrooms | $161.5K | - | N/A |
Summary: 46516 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 increased by 77.7%, 3 bedroom homes decreased by 20.3%, 4 bedroom homes increased by 17%, and 5+ bedroom homes did not change.
Housing Supply in 46516, IN
How many homes are available in 46516, IN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 88 | 111 | +26.1% |
Summary: The 46516 real estate market had 111 homes for sale in October 2024, a 26.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 17 | 20 | +17.6% |
| 3 Bedrooms | 41 | 53 | +29.3% |
| 4 Bedrooms | 24 | 32 | +33.3% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The 46516 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 17.6%, 3 bedroom homes increased by 29.3%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 22 | 21 | -4.5% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 46516, you may be able to get a good deal. 47.4% of homes here sold below asking price last month.
Summary: A total of 21 homes were sold or pending in 46516 in October 2024, down by 4.5% month-over-month. Of the 19 sold homes, 47% were sold under asking, 16% were sold at asking, and 37% were sold over asking.
Days on Market for 46516, 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.