Is 46590, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 46590 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 46590 has remained a Seller's Market.

Key Takeaway

46590 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 46590, IN

How much do homes in 46590, IN cost?

Median Sold Price

$309,000

$199/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$56,000(-15.3%)

Key Takeaway

Homes in 46590 have sold for 15.3% less than they did a month ago.

Summary: The median home sold price in 46590 was $309,000 in November 2024, down 15.3% from last month, and the median price per square foot was $199.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 -$205K
N/A
3 $332.4K$539.4K
+62.3%
4 $302.5K$239K
-21.0%
5+ $530K-
N/A

Summary: 46590 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 did not change, 3 bedroom homes increased by 62.3%, 4 bedroom homes decreased by 21%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

46580
-8.4%
46590
-15.3%

Housing Supply in 46590, IN

How many homes are available in 46590, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1918-5.3%

Summary: The 46590 real estate market had 18 homes for sale in November 2024, a 5.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 22
0.0%
3 1111
0.0%
4 55
0.0%
5+ 10
-100.0%

Summary: The 46590 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
74-42.9%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 46590, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in 46590 in November 2024, down by 42.9% month-over-month. Of the 4 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for 46590, 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 22 Days Ago

Newest Listings in 46590, IN

Nearby Markets to 46590, IN