Is 46614, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 46614 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 46614 has remained a Seller's Market.

Key Takeaway

46614 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 46614, IN

How much do homes in 46614, IN cost?

Median Sold Price

$178,500

$128/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$18,050(-9.2%)

Key Takeaway

Homes in 46614 have sold for 9.2% less than they did a month ago.

Summary: The median home sold price in 46614 was $178,500 in November 2024, down 9.2% from last month, and the median price per square foot was $128.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $201K$137.5K
-31.6%
3 $193.2K$195K
+0.9%
4 $199.9K$413K
+106.6%
5+ --
N/A

Summary: 46614 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 decreased by 31.6%, 3 bedroom homes increased by 0.9%, 4 bedroom homes increased by 106.6%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

46613
+46.7%
46536
+28.5%
46619
+8.0%
46614
-9.2%
46554
-10.5%

Housing Supply in 46614, IN

How many homes are available in 46614, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
117130+11.1%

Summary: The 46614 real estate market had 130 homes for sale in November 2024, a 11.1% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 2427
+12.5%
3 6773
+9.0%
4 2225
+13.6%
5+ 34
+33.3%

Summary: The 46614 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 increased by 12.5%, 3 bedroom homes increased by 9%, 4 bedroom homes increased by 13.6%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2834+21.4%

Asking Price vs. Sold Price

18 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 46614, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 34 homes were sold or pending in 46614 in November 2024, up by 21.4% month-over-month. Of the 30 sold homes, 60% were sold under asking, 17% were sold at asking, and 23% were sold over asking.

Days on Market for 46614, 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 2 Days Ago

Newest Listings in 46614, IN

Nearby Markets to 46614, IN