Is 46567, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 46567 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 46567 has remained a Seller's Market.

Key Takeaway

46567 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 46567, IN

How much do homes in 46567, IN cost?

Median Sold Price

$350,000

$238/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$82,000(+30.6%)

Key Takeaway

Homes in 46567 have sold for 30.6% more than they did a month ago.

Summary: The median home sold price in 46567 was $350,000 in November 2024, up 30.6% from last month, and the median price per square foot was $238.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $224K-
N/A
2 $360K$200K
-44.4%
3 $267.9K$405K
+51.2%
4 $780K$415K
-46.8%
5+ $329K$1.4M
+325.5%

Summary: 46567 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 44.4%, 3 bedroom homes increased by 51.2%, 4 bedroom homes decreased by 46.8%, and 5+ bedroom homes increased by 325.5%.

Median Sold Price Compared To Nearby Zip Codes

46542
+44.6%
46567
+30.6%
46538
-5.3%
46732
-34.0%

Housing Supply in 46567, IN

How many homes are available in 46567, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6667+1.5%

Summary: The 46567 real estate market had 67 homes for sale in November 2024, a 1.5% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 21
-50.0%
2 1213
+8.3%
3 3131
0.0%
4 1718
+5.9%
5+ 44
0.0%

Summary: The 46567 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 8.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1315+15.4%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 46567, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in 46567 in November 2024, up by 15.4% month-over-month. Of the 14 sold homes, 71% were sold under asking, 29% were sold at asking, and 0% were sold over asking.

Days on Market for 46567, 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 21 Days Ago

Newest Listings in 46567, IN

Nearby Markets to 46567, IN