$2,256 Closing Credit*
$190,000
3 Beds
•2 Full Baths
Gary Lee, Listing Office: North Eastern Group Realty
Is 46706, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 46706 has remained a Seller's Market.
Key Takeaway
46706 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 46706, IN
How much do homes in 46706, IN cost?
Median Sold Price
$235,000
$146/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$57,000(-19.5%)
Key Takeaway
Homes in 46706 have sold for 19.5% less than they did a month ago.
Summary: The median home sold price in 46706 was $235,000 in November 2024, down 19.5% from last month, and the median price per square foot was $146.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $101K | - | N/A |
| 2 Bedrooms | $197.5K | $167K | -15.4% |
| 3 Bedrooms | $292K | $220K | -24.7% |
| 4 Bedrooms | $337.5K | $317.4K | -5.9% |
| 5+ Bedrooms | $400K | - | N/A |
Summary: 46706 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 decreased by 15.4%, 3 bedroom homes decreased by 24.7%, 4 bedroom homes decreased by 5.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 46738 | $173.9K | $178.7K | +2.8% |
| 46706 | $292K | $235K | -19.5% |
| 46748 | $334.9K | $189K | -43.6% |
| 46765 | $403K | $183K | -54.6% |
Housing Supply in 46706, IN
How many homes are available in 46706, IN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 103 | 97 | -5.8% |
Summary: The 46706 real estate market had 97 homes for sale in November 2024, a 5.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 6 | 5 | -16.7% |
| 3 Bedrooms | 59 | 54 | -8.5% |
| 4 Bedrooms | 31 | 31 | 0.0% |
| 5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The 46706 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 16.7%, 3 bedroom homes decreased by 8.5%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 27 | 32 | +18.5% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 46706, you may be able to get a good deal. 45.2% of homes here sold below asking price last month.
Summary: A total of 32 homes were sold or pending in 46706 in November 2024, up by 18.5% month-over-month. Of the 31 sold homes, 45% were sold under asking, 29% were sold at asking, and 26% were sold over asking.
Days on Market for 46706, IN
We’re sorry, we don't have information for this market at the moment
The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2011-2024 Indiana Regional MLS. All rights reserved.