Is 46637, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 46637 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 46637 has remained a Seller's Market.

Key Takeaway

46637 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 46637, IN

How much do homes in 46637, IN cost?

Median Sold Price

$290,000

$156/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$86,175(+42.3%)

Key Takeaway

Homes in 46637 have sold for 42.3% more than they did a month ago.

Summary: The median home sold price in 46637 was $290,000 in November 2024, up 42.3% from last month, and the median price per square foot was $156.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $163K$210K
+28.8%
3 $205K$230K
+12.2%
4 $365.7K$500K
+36.7%
5+ -$635K
N/A

Summary: 46637 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 28.8%, 3 bedroom homes increased by 12.2%, 4 bedroom homes increased by 36.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

46637
+42.3%
46635
+37.8%
46617
+25.0%
46616
-33.4%

Housing Supply in 46637, IN

How many homes are available in 46637, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
9281-12.0%

Summary: The 46637 real estate market had 81 homes for sale in November 2024, a 12.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 34
+33.3%
2 2315
-34.8%
3 3531
-11.4%
4 2323
0.0%
5+ 88
0.0%

Summary: The 46637 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes decreased by 34.8%, 3 bedroom homes decreased by 11.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2619-26.9%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 46637, you may be able to get a good deal. 72.2% of homes here sold below asking price last month.

Summary: A total of 19 homes were sold or pending in 46637 in November 2024, down by 26.9% month-over-month. Of the 18 sold homes, 72% were sold under asking, 0% were sold at asking, and 28% were sold over asking.

Days on Market for 46637, 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 46637, IN

Nearby Markets to 46637, IN