Is 46601, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 46601 is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, 46601 was a Seller's Market.

Key Takeaway

46601 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 46601, IN

How much do homes in 46601, IN cost?

Median Sold Price

$210,000

$115/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$39,050(+22.8%)

Key Takeaway

Homes in 46601 have sold for 22.8% more than they did a month ago.

Summary: The median home sold price in 46601 was $210,000 in October 2024, up 22.8% from last month, and the median price per square foot was $115.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $170.9K-
N/A
3 -$210K
N/A
4 --
N/A
5+ --
N/A

Summary: 46601 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 did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

46601
+22.8%
46617
-0.3%
46615
-6.3%
46616
-22.5%
46613
-28.3%

Housing Supply in 46601, IN

How many homes are available in 46601, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
911+22.2%

Summary: The 46601 real estate market had 11 homes for sale in October 2024, a 22.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 20
-100.0%
3 24
+100.0%
4 46
+50.0%
5+ 11
0.0%

Summary: The 46601 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 100%, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 46601, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in 46601 in October 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for 46601, 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 17 Days Ago

Newest Listings in 46601, IN

Nearby Markets to 46601, IN