Is 46531, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 46531 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 46531 has remained a Seller's Market.

Key Takeaway

46531 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 46531, IN

How much do homes in 46531, IN cost?

Median Sold Price

$320,000

$112/sqft

Based on all homes sold in December 2024.

The Median Sold Price hasn't changed since November 2024.

Key Takeaway

The sold price of homes in 46531 has remained the same since last month.

Summary: The median home sold price in 46531 was $320,000 in December 2024, the same as last month, and the median price per square foot was $112.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 -$220K
N/A
3 $320K$420K
+31.3%
4 --
N/A
5+ --
N/A

Summary: 46531 housing prices by bedroom type for December 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 31.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

46574
+81.6%
46534
+5.0%
46531
0.0%
46563
-10.2%

Housing Supply in 46531, IN

How many homes are available in 46531, IN?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
330.0%

Summary: The 46531 real estate market had 3 homes for sale in December 2024, the same as November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 11
0.0%
3 22
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The 46531 housing inventory by bedroom type for December 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 remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 46531, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 46531 in December 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 46531, IN

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 5 Days Ago

Newest Listings in 46531, IN

Nearby Markets to 46531, IN