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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 46580 is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, 46580 was a Seller's Market.

Key Takeaway

46580 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 46580, IN

How much do homes in 46580, IN cost?

Median Sold Price

$280,000

$153/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

+$88,000(+45.8%)

Key Takeaway

Homes in 46580 have sold for 45.8% more than they did a month ago.

Summary: The median home sold price in 46580 was $280,000 in December 2024, up 45.8% from last month, and the median price per square foot was $153.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 $156.7K$177K
+12.9%
3 $191K$247.5K
+29.6%
4 $374.5K$336.4K
-10.2%
5+ --
N/A

Summary: 46580 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 increased by 12.9%, 3 bedroom homes increased by 29.6%, 4 bedroom homes decreased by 10.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

46580
+45.8%
46590
+12.7%
46582
+4.9%
46510
-29.8%

Housing Supply in 46580, IN

How many homes are available in 46580, IN?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
7161-14.1%

Summary: The 46580 real estate market had 61 homes for sale in December 2024, a 14.1% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 01
+100.0%
2 96
-33.3%
3 4239
-7.1%
4 1813
-27.8%
5+ 22
0.0%

Summary: The 46580 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes decreased by 27.8%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
219-57.1%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 46580, you could pay more than the asking price. 44.4% of homes here sold above asking price last month.

Summary: A total of 9 homes were sold or pending in 46580 in December 2024, down by 57.1% month-over-month. Of the 9 sold homes, 33% were sold under asking, 22% were sold at asking, and 44% 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 6 Days Ago

Newest Listings in 46580, IN

Nearby Markets to 46580, IN