Is 46714, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 46714 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 46714 has remained a Seller's Market.

Key Takeaway

46714 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 46714, IN

How much do homes in 46714, IN cost?

Median Sold Price

$189,150

$128/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$85,850(-31.2%)

Key Takeaway

Homes in 46714 have sold for 31.2% less than they did a month ago.

Summary: The median home sold price in 46714 was $189,150 in October 2024, down 31.2% from last month, and the median price per square foot was $128.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $122.1K$147K
+20.3%
3 $267.5K$189.1K
-29.3%
4 $407.2K$362.5K
-11.0%
5+ -$155K
N/A

Summary: 46714 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 increased by 20.3%, 3 bedroom homes decreased by 29.3%, 4 bedroom homes decreased by 11%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

46791
+19.1%
46714
-31.2%

Housing Supply in 46714, IN

How many homes are available in 46714, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6165+6.6%

Summary: The 46714 real estate market had 65 homes for sale in October 2024, a 6.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 89
+12.5%
3 3336
+9.1%
4 1716
-5.9%
5+ 34
+33.3%

Summary: The 46714 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 increased by 12.5%, 3 bedroom homes increased by 9.1%, 4 bedroom homes decreased by 5.9%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1921+10.5%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 46714, you may be able to get a good deal. 55% of homes here sold below asking price last month.

Summary: A total of 21 homes were sold or pending in 46714 in October 2024, up by 10.5% month-over-month. Of the 20 sold homes, 55% were sold under asking, 35% were sold at asking, and 10% were sold over asking.

Days on Market for 46714, 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 46714, IN

Nearby Markets to 46714, IN