$7,303 Closing Credit*
$615,000
3 Beds
•2 Full Baths, 1 Partial
Leah Marker, Listing Office: Mike Thomas Assoc., Inc
Is 46748, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, 46748 was a Seller's Market.
Key Takeaway
46748 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 46748, IN
How much do homes in 46748, IN cost?
Median Sold Price
$189,000
$146/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$145,950(-43.6%)
Key Takeaway
Homes in 46748 have sold for 43.6% less than they did a month ago.
Summary: The median home sold price in 46748 was $189,000 in November 2024, down 43.6% 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 | - | - | N/A |
| 2 Bedrooms | $175K | $154K | -12.0% |
| 3 Bedrooms | $317K | $189K | -40.4% |
| 4 Bedrooms | $441.2K | $880K | +99.4% |
| 5+ Bedrooms | $611.8K | - | N/A |
Summary: 46748 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 12%, 3 bedroom homes decreased by 40.4%, 4 bedroom homes increased by 99.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 46738 | $173.9K | $178.7K | +2.8% |
| 46845 | $389K | $385K | -1.0% |
| 46748 | $334.9K | $189K | -43.6% |
| 46765 | $403K | $183K | -54.6% |
Housing Supply in 46748, IN
How many homes are available in 46748, IN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 80 | 66 | -17.5% |
Summary: The 46748 real estate market had 66 homes for sale in November 2024, a 17.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 1 | -75.0% |
| 3 Bedrooms | 33 | 28 | -15.2% |
| 4 Bedrooms | 34 | 28 | -17.6% |
| 5+ Bedrooms | 9 | 9 | 0.0% |
Summary: The 46748 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 decreased by 75%, 3 bedroom homes decreased by 15.2%, 4 bedroom homes decreased by 17.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 28 | 7 | -75.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 46748, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in 46748 in November 2024, down by 75.0% month-over-month. Of the 7 sold homes, 57% were sold under asking, 43% were sold at asking, and 0% were sold over asking.
Days on Market for 46748, 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.