Is 46545, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 46545 is a 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

$198,900

$128/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$27,224(-12.0%)

Key Takeaway

Homes in 46545 have sold for 12% less than they did a month ago.

Summary: The median home sold price in 46545 was $198,900 in November 2024, down 12% from last month, and the median price per square foot was $128.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $156K$134.9K
-13.5%
3 $278K$187.7K
-32.5%
4 $214K$325K
+51.9%
5+ $380K$189.9K
-50.0%

Summary: 46545 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 13.5%, 3 bedroom homes decreased by 32.5%, 4 bedroom homes increased by 51.9%, and 5+ bedroom homes decreased by 50%.

Median Sold Price Compared To Nearby Zip Codes

46635
+37.8%
46615
+8.8%
46530
+6.3%
46545
-12.0%
46544
-13.7%

Housing Supply in 46545, IN

How many homes are available in 46545, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
8477-8.3%

Summary: The 46545 real estate market had 77 homes for sale in November 2024, a 8.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 2319
-17.4%
3 4345
+4.7%
4 1412
-14.3%
5+ 41
-75.0%

Summary: The 46545 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 17.4%, 3 bedroom homes increased by 4.7%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes decreased by 75%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2422-8.3%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 46545, you may be able to get a good deal. 47.1% of homes here sold below asking price last month.

Summary: A total of 22 homes were sold or pending in 46545 in November 2024, down by 8.3% month-over-month. Of the 17 sold homes, 47% were sold under asking, 18% were sold at asking, and 35% were sold over asking.

Days on Market for 46545, 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 46545, IN

Nearby Markets to 46545, IN