$5,046 Closing Credit*
$424,900
4 Beds
•2 Full Baths, 1 Partial
Tim Burkey, Listing Office: eXp Realty, LLC
Is 46561, 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, 46561 has remained a Seller's Market.
Key Takeaway
46561 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 46561, IN
How much do homes in 46561, IN cost?
Median Sold Price
$275,000
$156/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$24,900(-8.3%)
Key Takeaway
Homes in 46561 have sold for 8.3% less than they did a month ago.
Summary: The median home sold price in 46561 was $275,000 in October 2024, down 8.3% from last month, and the median price per square foot was $156.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $138K | - | N/A |
| 2 Bedrooms | $78K | $146.5K | +87.9% |
| 3 Bedrooms | $296K | $275K | -7.1% |
| 4 Bedrooms | $345.9K | $305K | -11.8% |
| 5+ Bedrooms | $299.9K | - | N/A |
Summary: 46561 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 87.9%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes decreased by 11.8%, and 5+ bedroom homes did not change.
Housing Supply in 46561, IN
How many homes are available in 46561, IN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 63 | 60 | -4.8% |
Summary: The 46561 real estate market had 60 homes for sale in October 2024, a 4.8% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 7 | 9 | +28.6% |
| 3 Bedrooms | 30 | 28 | -6.7% |
| 4 Bedrooms | 21 | 19 | -9.5% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The 46561 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 28.6%, 3 bedroom homes decreased by 6.7%, 4 bedroom homes decreased by 9.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 19 | 13 | -31.6% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 46561, you may be able to get a good deal. 46.2% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in 46561 in October 2024, down by 31.6% month-over-month. Of the 13 sold homes, 46% were sold under asking, 23% were sold at asking, and 31% were sold over asking.
Days on Market for 46561, IN
We’re sorry, we don't have information for this market at the moment
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Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.