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

$292,500

$180/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$18,300(+6.7%)

Key Takeaway

Homes in 46582 have sold for 6.7% more than they did a month ago.

Summary: The median home sold price in 46582 was $292,500 in October 2024, up 6.7% from last month, and the median price per square foot was $180.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 $110K-
N/A
2 $229K$262.5K
+14.6%
3 $259.9K$337.5K
+29.9%
4 $380K$300K
-21.1%
5+ $526.9K$695K
+31.9%

Summary: 46582 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 14.6%, 3 bedroom homes increased by 29.9%, 4 bedroom homes decreased by 21.1%, and 5+ bedroom homes increased by 31.9%.

Median Sold Price Compared To Nearby Zip Codes

46562
+100.3%
46538
+42.7%
46582
+6.7%
46580
+3.5%

Housing Supply in 46582, IN

How many homes are available in 46582, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4744-6.4%

Summary: The 46582 real estate market had 44 homes for sale in October 2024, a 6.4% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 21
-50.0%
2 107
-30.0%
3 1716
-5.9%
4 1216
+33.3%
5+ 64
-33.3%

Summary: The 46582 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 30%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
188-55.6%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 46582, you may be able to get a good deal. 37.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in 46582 in October 2024, down by 55.6% month-over-month. Of the 8 sold homes, 38% were sold under asking, 25% were sold at asking, and 38% 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