Is 46552, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 46552 is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, 46552 was a Seller's Market.

Key Takeaway

46552 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 46552, IN

How much do homes in 46552, IN cost?

Median Sold Price

$197,000

$204/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$171,500(-46.5%)

Key Takeaway

Homes in 46552 have sold for 46.5% less than they did a month ago.

Summary: The median home sold price in 46552 was $197,000 in November 2024, down 46.5% from last month, and the median price per square foot was $204.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $368.5K-
N/A
3 $625K$197K
-68.5%
4 $52K-
N/A
5+ --
N/A

Summary: 46552 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 did not change, 3 bedroom homes decreased by 68.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

46628
+46.8%
46619
+8.0%
46552
-46.5%

Housing Supply in 46552, IN

How many homes are available in 46552, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2122+4.8%

Summary: The 46552 real estate market had 22 homes for sale in November 2024, a 4.8% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 43
-25.0%
3 910
+11.1%
4 55
0.0%
5+ 34
+33.3%

Summary: The 46552 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 25%, 3 bedroom homes increased by 11.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 46552, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 46552 in November 2024, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for 46552, 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 18 Days Ago

Newest Listings in 46552, IN

Nearby Markets to 46552, IN