Is 46635, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 46635 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 46635 has remained a Seller's Market.

Key Takeaway

46635 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 46635, IN

How much do homes in 46635, IN cost?

Median Sold Price

$230,000

$143/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$70,000(-23.3%)

Key Takeaway

Homes in 46635 have sold for 23.3% less than they did a month ago.

Summary: The median home sold price in 46635 was $230,000 in October 2024, down 23.3% from last month, and the median price per square foot was $143.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $169K$125K
-26.0%
3 $297.5K$230K
-22.7%
4 $325K$230K
-29.2%
5+ $355K$319.9K
-9.9%

Summary: 46635 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 26%, 3 bedroom homes decreased by 22.7%, 4 bedroom homes decreased by 29.2%, and 5+ bedroom homes decreased by 9.9%.

Median Sold Price Compared To Nearby Zip Codes

46545
+11.4%
46637
-14.2%
46530
-18.7%
46635
-23.3%

Housing Supply in 46635, IN

How many homes are available in 46635, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4043+7.5%

Summary: The 46635 real estate market had 43 homes for sale in October 2024, a 7.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 2323
0.0%
4 1015
+50.0%
5+ 43
-25.0%

Summary: The 46635 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 remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
910+11.1%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 46635, you may be able to get a good deal. 70% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in 46635 in October 2024, up by 11.1% month-over-month. Of the 10 sold homes, 70% were sold under asking, 20% were sold at asking, and 10% were sold over asking.

Days on Market for 46635, 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 46635, IN

Nearby Markets to 46635, IN