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

$300,000

$150/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$15,000(+5.3%)

Key Takeaway

Homes in 46804 have sold for 5.3% more than they did a month ago.

Summary: The median home sold price in 46804 was $300,000 in October 2024, up 5.3% from last month, and the median price per square foot was $150.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $309.9K$240.1K
-22.5%
3 $252.7K$275K
+8.8%
4 $320.9K$328.2K
+2.3%
5+ $418.7K$489.9K
+17.0%

Summary: 46804 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 decreased by 22.5%, 3 bedroom homes increased by 8.8%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes increased by 17%.

Median Sold Price Compared To Nearby Zip Codes

46802
+89.3%
46809
+10.7%
46804
+5.3%
46808
-9.7%
46814
-13.7%

Housing Supply in 46804, IN

How many homes are available in 46804, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
128136+6.3%

Summary: The 46804 real estate market had 136 homes for sale in October 2024, a 6.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1115
+36.4%
3 6060
0.0%
4 4852
+8.3%
5+ 99
0.0%

Summary: The 46804 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 increased by 36.4%, 3 bedroom homes remained the same, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3741+10.8%

Asking Price vs. Sold Price

20 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

12 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. 48.8% of homes here sold below asking price last month.

Summary: A total of 41 homes were sold or pending in 46804 in October 2024, up by 10.8% month-over-month. Of the 41 sold homes, 49% were sold under asking, 22% were sold at asking, and 29% 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 17 Days Ago

Newest Listings in 46804, IN

Nearby Markets to 46804, IN