$2,138 Closing Credit*
$180,000
3 Beds
•1 Full Bath, 1 Partial
Angela Pachuta, Listing Office: RE/MAX Results
Is 46787, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 46787 has remained a Seller's Market.
Key Takeaway
46787 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 46787, IN
How much do homes in 46787, IN cost?
Median Sold Price
$199,000
$120/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$6,000(+3.1%)
Key Takeaway
Homes in 46787 have sold for 3.1% more than they did a month ago.
Summary: The median home sold price in 46787 was $199,000 in November 2024, up 3.1% from last month, and the median price per square foot was $120.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $169.5K | - | N/A |
| 3 Bedrooms | - | $199K | N/A |
| 4 Bedrooms | $380K | $218.5K | -42.5% |
| 5+ Bedrooms | - | - | N/A |
Summary: 46787 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 did not change, 3 bedroom homes did not change, 4 bedroom homes decreased by 42.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 46764 | $460K | $590K | +28.3% |
| 46562 | $295K | $360.5K | +22.2% |
| 46725 | $277K | $286K | +3.2% |
| 46787 | $193K | $199K | +3.1% |
| 46962 | $175K | $171K | -2.3% |
Housing Supply in 46787, IN
How many homes are available in 46787, IN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 12 | 0.0% |
Summary: The 46787 real estate market had 12 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 7 | 8 | +14.3% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The 46787 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 50%, 3 bedroom homes increased by 14.3%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 5 | +66.7% |
Asking Price vs. Sold Price
2 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 46787, expect to pay close to the asking price. 60% of homes here sold near the asking price last month.
Summary: A total of 5 homes were sold or pending in 46787 in November 2024, up by 66.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 60% were sold at asking, and 0% were sold over asking.
Days on Market for 46787, 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.