Is 46582, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 46582 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 46582 has remained a Seller's Market.

Key Takeaway

46582 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 46582, IN

How much do homes in 46582, IN cost?

Median Sold Price

$285,977

$170/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$14,023(-4.7%)

Key Takeaway

Homes in 46582 have sold for 4.7% less than they did a month ago.

Summary: The median home sold price in 46582 was $285,977 in November 2024, down 4.7% from last month, and the median price per square foot was $170.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $262.5K$285.7K
+8.9%
3 $337.5K$281.8K
-16.5%
4 $314.9K$355.7K
+13.0%
5+ $695K$342K
-50.8%

Summary: 46582 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 increased by 8.9%, 3 bedroom homes decreased by 16.5%, 4 bedroom homes increased by 13%, and 5+ bedroom homes decreased by 50.8%.

Median Sold Price Compared To Nearby Zip Codes

46562
+22.2%
46582
-4.7%
46538
-5.3%
46580
-8.4%

Housing Supply in 46582, IN

How many homes are available in 46582, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4146+12.2%

Summary: The 46582 real estate market had 46 homes for sale in November 2024, a 12.2% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 13
+200.0%
2 76
-14.3%
3 1618
+12.5%
4 1315
+15.4%
5+ 44
0.0%

Summary: The 46582 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes decreased by 14.3%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
913+44.4%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 46582, expect to pay close to the asking price. 61.5% of homes here sold near the asking price last month.

Summary: A total of 13 homes were sold or pending in 46582 in November 2024, up by 44.4% month-over-month. Of the 13 sold homes, 23% were sold under asking, 62% were sold at asking, and 15% were sold over asking.

Days on Market for 46582, 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 46582, IN

Nearby Markets to 46582, IN