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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 46814 is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, 46814 was a Seller's Market.

Key Takeaway

46814 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 46814, IN

How much do homes in 46814, IN cost?

Median Sold Price

$477,450

$181/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$66,700(+16.2%)

Key Takeaway

Homes in 46814 have sold for 16.2% more than they did a month ago.

Summary: The median home sold price in 46814 was $477,450 in November 2024, up 16.2% from last month, and the median price per square foot was $181.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $305K$354.9K
+16.4%
4 $476.5K$525K
+10.2%
5+ $851K$725K
-14.8%

Summary: 46814 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 16.4%, 4 bedroom homes increased by 10.2%, and 5+ bedroom homes decreased by 14.8%.

Median Sold Price Compared To Nearby Zip Codes

46814
+16.2%
46783
+15.2%
46804
+11.9%
46725
+3.2%
46818
-11.9%

Housing Supply in 46814, IN

How many homes are available in 46814, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
10397-5.8%

Summary: The 46814 real estate market had 97 homes for sale in November 2024, a 5.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 4034
-15.0%
4 4043
+7.5%
5+ 2319
-17.4%

Summary: The 46814 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 100%, 3 bedroom homes decreased by 15%, 4 bedroom homes increased by 7.5%, and 5+ bedroom homes decreased by 17.4%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2216-27.3%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

5 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. 35.7% of homes here sold below asking price last month.

Summary: A total of 16 homes were sold or pending in 46814 in November 2024, down by 27.3% month-over-month. Of the 14 sold homes, 36% were sold under asking, 29% were sold at asking, and 36% 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 18 Days Ago

Newest Listings in 46814, IN

Nearby Markets to 46814, IN