Is 46628, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 46628 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 46628 has remained a Seller's Market.

Key Takeaway

46628 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 46628, IN

How much do homes in 46628, IN cost?

Median Sold Price

$175,000

$107/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$55,750(+46.8%)

Key Takeaway

Homes in 46628 have sold for 46.8% more than they did a month ago.

Summary: The median home sold price in 46628 was $175,000 in November 2024, up 46.8% from last month, and the median price per square foot was $107.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $81.5K$87.5K
+7.4%
3 $200K$160K
-20.0%
4 $325K$420K
+29.2%
5+ -$520K
N/A

Summary: 46628 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 7.4%, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 29.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

46628
+46.8%
46637
+42.3%
46619
+8.0%
46601
-11.6%
46616
-33.4%

Housing Supply in 46628, IN

How many homes are available in 46628, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
134144+7.5%

Summary: The 46628 real estate market had 144 homes for sale in November 2024, a 7.5% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 3232
0.0%
3 7283
+15.3%
4 2422
-8.3%
5+ 67
+16.7%

Summary: The 46628 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 15.3%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes increased by 16.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3429-14.7%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 46628, you may be able to get a good deal. 58.6% of homes here sold below asking price last month.

Summary: A total of 29 homes were sold or pending in 46628 in November 2024, down by 14.7% month-over-month. Of the 29 sold homes, 59% were sold under asking, 21% were sold at asking, and 21% were sold over asking.

Days on Market for 46628, 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 46628, IN

Nearby Markets to 46628, IN