$1,900 Closing Credit*
$160,000
3 Beds
•1 Full Bath
Nicholas Krauter, Listing Office: Schrader RE and Auction/Fort Wayne
Is 46797, 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, 46797 was a Seller's Market.
Key Takeaway
46797 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 46797, IN
How much do homes in 46797, IN cost?
Median Sold Price
$222,500
$128/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$137,500(-38.2%)
Key Takeaway
Homes in 46797 have sold for 38.2% less than they did a month ago.
Summary: The median home sold price in 46797 was $222,500 in October 2024, down 38.2% from last month, and the median price per square foot was $128.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $179.9K | - | N/A |
| 3 Bedrooms | - | $180K | N/A |
| 4 Bedrooms | $412.7K | $265K | -35.8% |
| 5+ Bedrooms | - | - | N/A |
Summary: 46797 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 decreased by 35.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 46743 | $150K | $222.5K | +48.3% |
| 46774 | $188K | $246.2K | +31.0% |
| 46797 | $360K | $222.5K | -38.2% |
Housing Supply in 46797, IN
How many homes are available in 46797, IN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 22 | 22 | 0.0% |
Summary: The 46797 real estate market had 22 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 8 | 9 | +12.5% |
| 4 Bedrooms | 12 | 10 | -16.7% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The 46797 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 12.5%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 2 | -60.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 46797, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 46797 in October 2024, down by 60.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for 46797, 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.