Is 46617, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 46617 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 46617 has remained a Seller's Market.

Key Takeaway

46617 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 46617, IN

How much do homes in 46617, IN cost?

Median Sold Price

$324,450

$180/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$1,000(-0.3%)

Key Takeaway

The sold price of homes in 46617 has remained the same since last month.

Summary: The median home sold price in 46617 was $324,450 in October 2024, down 0.3% from last month, and the median price per square foot was $180.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 $122.5K-
N/A
2 $184.5K$184K
-0.3%
3 $449.5K$342K
-23.9%
4 $518K$540.9K
+4.4%
5+ -$425K
N/A

Summary: 46617 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 decreased by 0.3%, 3 bedroom homes decreased by 23.9%, 4 bedroom homes increased by 4.4%, 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%

Housing Supply in 46617, IN

How many homes are available in 46617, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
7264-11.1%

Summary: The 46617 real estate market had 64 homes for sale in October 2024, a 11.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 128
-33.3%
3 2825
-10.7%
4 2120
-4.8%
5+ 99
0.0%

Summary: The 46617 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 33.3%, 3 bedroom homes decreased by 10.7%, 4 bedroom homes decreased by 4.8%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2014-30.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 46617, expect to pay close to the asking price. 35.7% of homes here sold near the asking price last month.

Summary: A total of 14 homes were sold or pending in 46617 in October 2024, down by 30.0% month-over-month. Of the 14 sold homes, 29% were sold under asking, 36% were sold at asking, and 36% were sold over asking.

Days on Market for 46617, 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 16 Days Ago

Newest Listings in 46617, IN

Nearby Markets to 46617, IN