Is 46814, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 46814 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 46814 has remained a Seller's Market.

Key Takeaway

46814 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 46814, IN

How much do homes in 46814, IN cost?

Median Sold Price

$410,750

$159/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$64,950(-13.7%)

Key Takeaway

Homes in 46814 have sold for 13.7% less than they did a month ago.

Summary: The median home sold price in 46814 was $410,750 in October 2024, down 13.7% from last month, and the median price per square foot was $159.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $270K-
N/A
3 $320K$305K
-4.7%
4 $471.5K$476.5K
+1.1%
5+ $730K$779K
+6.7%

Summary: 46814 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 decreased by 4.7%, 4 bedroom homes increased by 1.1%, and 5+ bedroom homes increased by 6.7%.

Median Sold Price Compared To Nearby Zip Codes

46783
+10.0%
46804
+5.3%
46725
+5.2%
46818
+2.0%
46814
-13.7%

Housing Supply in 46814, IN

How many homes are available in 46814, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
117114-2.6%

Summary: The 46814 real estate market had 114 homes for sale in October 2024, a 2.6% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 3842
+10.5%
4 5044
-12.0%
5+ 2827
-3.6%

Summary: The 46814 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 10.5%, 4 bedroom homes decreased by 12%, and 5+ bedroom homes decreased by 3.6%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2820-28.6%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 46814, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 20 homes were sold or pending in 46814 in October 2024, down by 28.6% month-over-month. Of the 20 sold homes, 50% were sold under asking, 30% were sold at asking, and 20% were sold over asking.

Days on Market for 46814, 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 46814, IN

Nearby Markets to 46814, IN