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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 46601 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 46601 has remained a Seller's Market.

Key Takeaway

46601 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 46601, IN

How much do homes in 46601, IN cost?

Median Sold Price

$152,500

$113/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$20,000(-11.6%)

Key Takeaway

Homes in 46601 have sold for 11.6% less than they did a month ago.

Summary: The median home sold price in 46601 was $152,500 in November 2024, down 11.6% from last month, and the median price per square foot was $113.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $210K$152.5K
-27.4%
4 $135K-
N/A
5+ --
N/A

Summary: 46601 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 decreased by 27.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

46613
+46.7%
46617
+25.0%
46615
+8.8%
46601
-11.6%
46616
-33.4%

Housing Supply in 46601, IN

How many homes are available in 46601, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1011+10.0%

Summary: The 46601 real estate market had 11 homes for sale in November 2024, a 10.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 45
+25.0%
4 66
0.0%
5+ 00
0.0%

Summary: The 46601 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 increased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
220.0%

Asking Price vs. Sold Price

1 Home Was 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 may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 46601 in November 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% 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