Is 46761, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 46761 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 46761 has remained a Seller's Market.

Key Takeaway

46761 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 46761, IN

How much do homes in 46761, IN cost?

Median Sold Price

$192,500

$147/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$12,500(+6.9%)

Key Takeaway

Homes in 46761 have sold for 6.9% more than they did a month ago.

Summary: The median home sold price in 46761 was $192,500 in October 2024, up 6.9% from last month, and the median price per square foot was $147.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $135.7K$170K
+25.2%
3 $235K$215K
-8.5%
4 $108.5K$245K
+125.8%
5+ --
N/A

Summary: 46761 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 25.2%, 3 bedroom homes decreased by 8.5%, 4 bedroom homes increased by 125.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

46795
+21.3%
46761
+6.9%
46571
-11.3%

Housing Supply in 46761, IN

How many homes are available in 46761, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2223+4.5%

Summary: The 46761 real estate market had 23 homes for sale in October 2024, a 4.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 1112
+9.1%
4 88
0.0%
5+ 11
0.0%

Summary: The 46761 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 increased by 9.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
74-42.9%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 46761, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 46761 in October 2024, down by 42.9% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for 46761, 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 22 Days Ago

Newest Listings in 46761, IN

Nearby Markets to 46761, IN