Is 46804, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 46804 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 46804 has remained a Seller's Market.

Key Takeaway

46804 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 46804, IN

How much do homes in 46804, IN cost?

Median Sold Price

$323,000

$135/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$34,450(+11.9%)

Key Takeaway

Homes in 46804 have sold for 11.9% more than they did a month ago.

Summary: The median home sold price in 46804 was $323,000 in November 2024, up 11.9% from last month, and the median price per square foot was $135.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $240.1K$198K
-17.6%
3 $272.4K$288.1K
+5.8%
4 $328.2K$366K
+11.5%
5+ $489.9K$575K
+17.4%

Summary: 46804 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 decreased by 17.6%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 11.5%, and 5+ bedroom homes increased by 17.4%.

Median Sold Price Compared To Nearby Zip Codes

46814
+16.2%
46804
+11.9%
46809
-3.1%
46808
-5.3%
46802
-62.8%

Housing Supply in 46804, IN

How many homes are available in 46804, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
126117-7.1%

Summary: The 46804 real estate market had 117 homes for sale in November 2024, a 7.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1417
+21.4%
3 6049
-18.3%
4 4644
-4.3%
5+ 67
+16.7%

Summary: The 46804 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 21.4%, 3 bedroom homes decreased by 18.3%, 4 bedroom homes decreased by 4.3%, and 5+ bedroom homes increased by 16.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
4433-25.0%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 46804, you may be able to get a good deal. 51.5% of homes here sold below asking price last month.

Summary: A total of 33 homes were sold or pending in 46804 in November 2024, down by 25.0% month-over-month. Of the 33 sold homes, 52% were sold under asking, 30% were sold at asking, and 18% were sold over asking.

Days on Market for 46804, 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 18 Days Ago

Newest Listings in 46804, IN

Nearby Markets to 46804, IN