Is 46803, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 46803 is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, 46803 was a Seller's Market.

Key Takeaway

46803 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 46803, IN

How much do homes in 46803, IN cost?

Median Sold Price

$147,000

$94/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$27,000(+22.5%)

Key Takeaway

Homes in 46803 have sold for 22.5% more than they did a month ago.

Summary: The median home sold price in 46803 was $147,000 in November 2024, up 22.5% from last month, and the median price per square foot was $94.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $105K-
N/A
3 $122.5K$150.6K
+23.0%
4 $135.7K$70K
-48.4%
5+ $99.7K-
N/A

Summary: 46803 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 increased by 23%, 4 bedroom homes decreased by 48.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

46803
+22.5%
46805
+17.2%
46815
-7.0%
46806
-26.7%
46802
-62.8%

Housing Supply in 46803, IN

How many homes are available in 46803, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
23230.0%

Summary: The 46803 real estate market had 23 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 68
+33.3%
3 910
+11.1%
4 65
-16.7%
5+ 20
-100.0%

Summary: The 46803 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 increased by 33.3%, 3 bedroom homes increased by 11.1%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
103-70.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 46803, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 46803 in November 2024, down by 70.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for 46803, 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 17 Days Ago

Newest Listings in 46803, IN

Nearby Markets to 46803, IN