Is 46701, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 46701 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 46701 has remained a Seller's Market.

Key Takeaway

46701 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 46701, IN

How much do homes in 46701, IN cost?

Median Sold Price

$269,000

$160/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$49,000(+22.3%)

Key Takeaway

Homes in 46701 have sold for 22.3% more than they did a month ago.

Summary: The median home sold price in 46701 was $269,000 in November 2024, up 22.3% from last month, and the median price per square foot was $160.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 -$50K
N/A
3 $455K$269K
-40.9%
4 $209.9K$806K
+284.0%
5+ $170K-
N/A

Summary: 46701 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 did not change, 3 bedroom homes decreased by 40.9%, 4 bedroom homes increased by 284%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

46701
+22.3%
46767
+3.3%
46723
-45.5%

Housing Supply in 46701, IN

How many homes are available in 46701, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2226+18.2%

Summary: The 46701 real estate market had 26 homes for sale in November 2024, a 18.2% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 47
+75.0%
3 912
+33.3%
4 65
-16.7%
5+ 32
-33.3%

Summary: The 46701 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 increased by 75%, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
550.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 46701, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in 46701 in November 2024, the same as the previous month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.

Days on Market for 46701, 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 21 Days Ago

Newest Listings in 46701, IN

Nearby Markets to 46701, IN