Is 46580, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 46580 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 46580 has remained a Seller's Market.

Key Takeaway

46580 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 46580, IN

How much do homes in 46580, IN cost?

Median Sold Price

$209,000

$148/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$7,000(+3.5%)

Key Takeaway

Homes in 46580 have sold for 3.5% more than they did a month ago.

Summary: The median home sold price in 46580 was $209,000 in October 2024, up 3.5% from last month, and the median price per square foot was $148.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $155K$132K
-14.8%
3 $221.2K$211K
-4.6%
4 $269.9K$285.5K
+5.8%
5+ --
N/A

Summary: 46580 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 decreased by 14.8%, 3 bedroom homes decreased by 4.6%, 4 bedroom homes increased by 5.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

46510
+100.0%
46590
+23.7%
46582
+6.7%
46580
+3.5%

Housing Supply in 46580, IN

How many homes are available in 46580, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
9793-4.1%

Summary: The 46580 real estate market had 93 homes for sale in October 2024, a 4.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 1713
-23.5%
3 4650
+8.7%
4 2925
-13.8%
5+ 44
0.0%

Summary: The 46580 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 23.5%, 3 bedroom homes increased by 8.7%, 4 bedroom homes decreased by 13.8%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2927-6.9%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 46580, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.

Summary: A total of 27 homes were sold or pending in 46580 in October 2024, down by 6.9% month-over-month. Of the 27 sold homes, 44% were sold under asking, 22% were sold at asking, and 33% were sold over asking.

Days on Market for 46580, 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 24 Days Ago

Newest Listings in 46580, IN

Nearby Markets to 46580, IN