Is 46702, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 46702 is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, 46702 was a Seller's Market.

Key Takeaway

46702 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 46702, IN

How much do homes in 46702, IN cost?

Median Sold Price

$275,500

$157/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$140,500(+104.1%)

Key Takeaway

Homes in 46702 have sold for 104.1% more than they did a month ago.

Summary: The median home sold price in 46702 was $275,500 in October 2024, up 104.1% from last month, and the median price per square foot was $157.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $135K-
N/A
3 -$275.5K
N/A
4 --
N/A
5+ --
N/A

Summary: 46702 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 did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

46702
+104.1%
46750
+3.9%
46941
-26.5%

Housing Supply in 46702, IN

How many homes are available in 46702, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
56+20.0%

Summary: The 46702 real estate market had 6 homes for sale in October 2024, a 20.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 22
0.0%
4 01
+100.0%
5+ 11
0.0%

Summary: The 46702 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 46702, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in 46702 in October 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for 46702, 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 4 Days Ago

Newest Listings in 46702, IN

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