$6,223 Closing Credit*
$524,000
3 Beds
•3 Full Baths, 1 Partial
Susan Bowyer, Listing Office: Weichert Rltrs-J.Dunfee&Assoc.
Is 46617, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
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
$405,500
$174/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$81,050(+25.0%)
Key Takeaway
Homes in 46617 have sold for 25% more than they did a month ago.
Summary: The median home sold price in 46617 was $405,500 in November 2024, up 25% from last month, and the median price per square foot was $174.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $76.2K | N/A |
| 2 Bedrooms | $184K | $270K | +46.7% |
| 3 Bedrooms | $342K | $405.5K | +18.6% |
| 4 Bedrooms | $540.9K | $450K | -16.8% |
| 5+ Bedrooms | $425K | $1.3M | +227.0% |
Summary: 46617 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 increased by 46.7%, 3 bedroom homes increased by 18.6%, 4 bedroom homes decreased by 16.8%, and 5+ bedroom homes increased by 227%.
Median Sold Price Compared To Nearby Zip Codes
| 46617 | $324.4K | $405.5K | +25.0% |
| 46615 | $178K | $193.7K | +8.8% |
| 46601 | $172.5K | $152.5K | -11.6% |
| 46616 | $120K | $79.9K | -33.4% |
Housing Supply in 46617, IN
How many homes are available in 46617, IN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 64 | 65 | +1.6% |
Summary: The 46617 real estate market had 65 homes for sale in November 2024, a 1.6% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 10 | 7 | -30.0% |
| 3 Bedrooms | 22 | 27 | +22.7% |
| 4 Bedrooms | 20 | 17 | -15.0% |
| 5+ Bedrooms | 10 | 12 | +20.0% |
Summary: The 46617 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 decreased by 30%, 3 bedroom homes increased by 22.7%, 4 bedroom homes decreased by 15%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 | 16 | +14.3% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 46617, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in 46617 in November 2024, up by 14.3% month-over-month. Of the 16 sold homes, 50% were sold under asking, 31% were sold at asking, and 19% were sold over asking.
Days on Market for 46617, IN
We’re sorry, we don't have information for this market at the moment
The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2011-2024 Indiana Regional MLS. All rights reserved.