Is 46738, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 46738 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 46738 has remained a Seller's Market.

Key Takeaway

46738 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 46738, IN

How much do homes in 46738, IN cost?

Median Sold Price

$173,950

$163/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$68,500(-28.3%)

Key Takeaway

Homes in 46738 have sold for 28.3% less than they did a month ago.

Summary: The median home sold price in 46738 was $173,950 in October 2024, down 28.3% from last month, and the median price per square foot was $163.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $65K$159.9K
+146.0%
3 $224.9K$173.9K
-22.7%
4 $326.7K-
N/A
5+ -$329K
N/A

Summary: 46738 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 146%, 3 bedroom homes decreased by 22.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

46706
+23.4%
46710
-9.9%
46738
-28.3%

Housing Supply in 46738, IN

How many homes are available in 46738, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3027-10.0%

Summary: The 46738 real estate market had 27 homes for sale in October 2024, a 10.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 56
+20.0%
3 2117
-19.0%
4 32
-33.3%
5+ 12
+100.0%

Summary: The 46738 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 20%, 3 bedroom homes decreased by 19%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
148-42.9%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 46738, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in 46738 in October 2024, down by 42.9% month-over-month. Of the 8 sold homes, 63% were sold under asking, 13% were sold at asking, and 25% were sold over asking.

Days on Market for 46738, 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 17 Days Ago

Newest Listings in 46738, IN

Nearby Markets to 46738, IN