Is 46783, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 46783 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 46783 has remained a Seller's Market.

Key Takeaway

46783 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 46783, IN

How much do homes in 46783, IN cost?

Median Sold Price

$368,500

$176/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$33,550(+10.0%)

Key Takeaway

Homes in 46783 have sold for 10% more than they did a month ago.

Summary: The median home sold price in 46783 was $368,500 in October 2024, up 10% from last month, and the median price per square foot was $176.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $220K$313K
+42.3%
3 $260K$367K
+41.2%
4 $417.4K$370K
-11.4%
5+ -$795K
N/A

Summary: 46783 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 42.3%, 3 bedroom homes increased by 41.2%, 4 bedroom homes decreased by 11.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

46809
+10.7%
46783
+10.0%
46804
+5.3%
46814
-13.7%

Housing Supply in 46783, IN

How many homes are available in 46783, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2833+17.9%

Summary: The 46783 real estate market had 33 homes for sale in October 2024, a 17.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 1315
+15.4%
4 1010
0.0%
5+ 26
+200.0%

Summary: The 46783 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 decreased by 33.3%, 3 bedroom homes increased by 15.4%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 200%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
611+83.3%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 46783, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in 46783 in October 2024, up by 83.3% month-over-month. Of the 10 sold homes, 50% were sold under asking, 40% were sold at asking, and 10% were sold over asking.

Days on Market for 46783, 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 23 Days Ago

Newest Listings in 46783, IN

Nearby Markets to 46783, IN