$2,493 Closing Credit*
$209,900
3 Beds
•1 Full Bath
Shelly Mobus, Listing Office: McKinnies Realty, LLC Elkhart
Is 46545, 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, 46545 has remained a Seller's Market.
Key Takeaway
46545 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 46545, IN
How much do homes in 46545, IN cost?
Median Sold Price
$245,000
$142/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$25,000(+11.4%)
Key Takeaway
Homes in 46545 have sold for 11.4% more than they did a month ago.
Summary: The median home sold price in 46545 was $245,000 in October 2024, up 11.4% from last month, and the median price per square foot was $142.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $149.9K | $156.5K | +4.4% |
| 3 Bedrooms | $220K | $300K | +36.4% |
| 4 Bedrooms | $286K | $214K | -25.2% |
| 5+ Bedrooms | $592.5K | $380K | -35.9% |
Summary: 46545 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 4.4%, 3 bedroom homes increased by 36.4%, 4 bedroom homes decreased by 25.2%, and 5+ bedroom homes decreased by 35.9%.
Housing Supply in 46545, IN
How many homes are available in 46545, IN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 70 | 85 | +21.4% |
Summary: The 46545 real estate market had 85 homes for sale in October 2024, a 21.4% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 14 | 22 | +57.1% |
| 3 Bedrooms | 34 | 43 | +26.5% |
| 4 Bedrooms | 16 | 15 | -6.3% |
| 5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The 46545 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 57.1%, 3 bedroom homes increased by 26.5%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 19 | 22 | +15.8% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 46545, you may be able to get a good deal. 52.4% of homes here sold below asking price last month.
Summary: A total of 22 homes were sold or pending in 46545 in October 2024, up by 15.8% month-over-month. Of the 21 sold homes, 52% were sold under asking, 19% were sold at asking, and 29% were sold over asking.
Days on Market for 46545, 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.