Is 46808, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 46808 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 46808 has remained a Seller's Market.

Key Takeaway

46808 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 46808, IN

How much do homes in 46808, IN cost?

Median Sold Price

$166,750

$128/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$9,250(-5.3%)

Key Takeaway

Homes in 46808 have sold for 5.3% less than they did a month ago.

Summary: The median home sold price in 46808 was $166,750 in November 2024, down 5.3% from last month, and the median price per square foot was $128.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $130K$129.9K
-0.1%
3 $190K$173K
-8.9%
4 $245K$198K
-19.2%
5+ $415K$360K
-13.3%

Summary: 46808 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 0.1%, 3 bedroom homes decreased by 8.9%, 4 bedroom homes decreased by 19.2%, and 5+ bedroom homes decreased by 13.3%.

Median Sold Price Compared To Nearby Zip Codes

46805
+17.2%
46825
+3.8%
46808
-5.3%
46818
-11.9%
46802
-62.8%

Housing Supply in 46808, IN

How many homes are available in 46808, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
8675-12.8%

Summary: The 46808 real estate market had 75 homes for sale in November 2024, a 12.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 2321
-8.7%
3 5145
-11.8%
4 108
-20.0%
5+ 21
-50.0%

Summary: The 46808 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 decreased by 8.7%, 3 bedroom homes decreased by 11.8%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3321-36.4%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 46808, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 21 homes were sold or pending in 46808 in November 2024, down by 36.4% month-over-month. Of the 20 sold homes, 60% were sold under asking, 5% were sold at asking, and 35% were sold over asking.

Days on Market for 46808, 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 46808, IN

Nearby Markets to 46808, IN