$4,274 Closing Credit*
$359,900
3 Beds
•2 Full Baths, 1 Partial
Heidi Gaskill, Listing Office: Berkshire Hathaway HomeServices Elkhart
Is 46517, 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, 46517 has remained a Seller's Market.
Key Takeaway
46517 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 46517, IN
How much do homes in 46517, IN cost?
Median Sold Price
$250,000
$164/sqft
Based on all homes sold in November 2024.
The Median Sold Price hasn't changed since October 2024.
Key Takeaway
The sold price of homes in 46517 has remained the same since last month.
Summary: The median home sold price in 46517 was $250,000 in November 2024, the same as last month, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $189.9K | - | N/A |
| 2 Bedrooms | $108K | $228K | +111.1% |
| 3 Bedrooms | $250K | $245K | -2.0% |
| 4 Bedrooms | $359.4K | $308.5K | -14.2% |
| 5+ Bedrooms | - | $45K | N/A |
Summary: 46517 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 111.1%, 3 bedroom homes decreased by 2%, 4 bedroom homes decreased by 14.2%, and 5+ bedroom homes did not change.
Housing Supply in 46517, IN
How many homes are available in 46517, IN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 64 | 68 | +6.3% |
Summary: The 46517 real estate market had 68 homes for sale in November 2024, a 6.3% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 9 | 14 | +55.6% |
| 3 Bedrooms | 29 | 32 | +10.3% |
| 4 Bedrooms | 19 | 16 | -15.8% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The 46517 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 55.6%, 3 bedroom homes increased by 10.3%, 4 bedroom homes decreased by 15.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 15 | -6.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 46517, you may be able to get a good deal. 46.2% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in 46517 in November 2024, down by 6.3% month-over-month. Of the 13 sold homes, 46% were sold under asking, 38% were sold at asking, and 15% were sold over asking.
Days on Market for 46517, 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.