Is 46791, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 46791 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 46791 has remained a Seller's Market.

Key Takeaway

46791 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 46791, IN

How much do homes in 46791, IN cost?

Median Sold Price

$280,000

$175/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$45,000(+19.1%)

Key Takeaway

Homes in 46791 have sold for 19.1% more than they did a month ago.

Summary: The median home sold price in 46791 was $280,000 in October 2024, up 19.1% from last month, and the median price per square foot was $175.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$280K
N/A
3 --
N/A
4 $235K-
N/A
5+ --
N/A

Summary: 46791 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 did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

46791
+19.1%
46714
-31.2%
46770
-34.5%
46777
-43.5%

Housing Supply in 46791, IN

How many homes are available in 46791, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
54-20.0%

Summary: The 46791 real estate market had 4 homes for sale in October 2024, a 20.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 33
0.0%
3 11
0.0%
4 10
-100.0%
5+ 00
0.0%

Summary: The 46791 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 remained the same, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 46791, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 2 homes were sold or pending in 46791 in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for 46791, IN

How long does it take to sell a home in 46791, IN?

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 46791 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 2 homes were sold in 46791; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.

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 46791, IN

Nearby Markets to 46791, IN