Is 46534, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 46534 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 46534 has remained a Seller's Market.

Key Takeaway

46534 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 46534, IN

How much do homes in 46534, IN cost?

Median Sold Price

$130,000

$117/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$85,000(-39.5%)

Key Takeaway

Homes in 46534 have sold for 39.5% less than they did a month ago.

Summary: The median home sold price in 46534 was $130,000 in November 2024, down 39.5% from last month, and the median price per square foot was $117.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $215K$62.5K
-70.9%
3 $195K$150K
-23.1%
4 -$246.5K
N/A
5+ $975K-
N/A

Summary: 46534 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 decreased by 70.9%, 3 bedroom homes decreased by 23.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

46511
+82.9%
46534
-39.5%

Housing Supply in 46534, IN

How many homes are available in 46534, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4137-9.8%

Summary: The 46534 real estate market had 37 homes for sale in November 2024, a 9.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 107
-30.0%
3 2322
-4.3%
4 67
+16.7%
5+ 21
-50.0%

Summary: The 46534 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 decreased by 30%, 3 bedroom homes decreased by 4.3%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
910+11.1%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 46534, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in 46534 in November 2024, up by 11.1% month-over-month. Of the 10 sold homes, 60% were sold under asking, 30% were sold at asking, and 10% were sold over asking.

Days on Market for 46534, 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 17 Days Ago

Newest Listings in 46534, IN

Nearby Markets to 46534, IN