Is 46550, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 46550 is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, 46550 was a Seller's Market.

Key Takeaway

46550 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 46550, IN

How much do homes in 46550, IN cost?

Median Sold Price

$252,500

$178/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

-$22,500(-8.2%)

Key Takeaway

Homes in 46550 have sold for 8.2% less than they did a month ago.

Summary: The median home sold price in 46550 was $252,500 in December 2024, down 8.2% from last month, and the median price per square foot was $178.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 $325K-
N/A
3 $227.5K$185K
-18.7%
4 -$320K
N/A
5+ --
N/A

Summary: 46550 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 decreased by 18.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

46553
+58.1%
46506
+35.1%
46573
-5.1%
46550
-8.2%
46542
-59.9%

Housing Supply in 46550, IN

How many homes are available in 46550, IN?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1918-5.3%

Summary: The 46550 real estate market had 18 homes for sale in December 2024, a 5.3% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 64
-33.3%
3 88
0.0%
4 55
0.0%
5+ 01
+100.0%

Summary: The 46550 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 decreased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
52-60.0%

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 46550, 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 46550 in December 2024, down by 60.0% 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 46550, 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 10 Days Ago

Newest Listings in 46550, IN

Nearby Markets to 46550, IN