$2,137 Closing Credit*
$179,999
4 Beds
•1 Full Bath, 1 Partial
Michael VanDeGrift, Listing Office: Keller Williams Realty Group
Is 46816, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 46816 has remained a Seller's Market.
Key Takeaway
46816 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 46816, IN
How much do homes in 46816, IN cost?
Median Sold Price
$217,500
$143/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$63,500(+41.2%)
Key Takeaway
Homes in 46816 have sold for 41.2% more than they did a month ago.
Summary: The median home sold price in 46816 was $217,500 in October 2024, up 41.2% from last month, and the median price per square foot was $143.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $195K | N/A |
| 3 Bedrooms | $150K | $163K | +8.7% |
| 4 Bedrooms | $452.5K | $310.5K | -31.4% |
| 5+ Bedrooms | - | $325K | N/A |
Summary: 46816 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 increased by 8.7%, 4 bedroom homes decreased by 31.4%, and 5+ bedroom homes did not change.
Housing Supply in 46816, IN
How many homes are available in 46816, IN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 44 | 35 | -20.5% |
Summary: The 46816 real estate market had 35 homes for sale in October 2024, a 20.5% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 30 | 18 | -40.0% |
| 4 Bedrooms | 10 | 12 | +20.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The 46816 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 decreased by 40%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 15 | 9 | -40.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 46816, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 9 homes were sold or pending in 46816 in October 2024, down by 40.0% month-over-month. Of the 8 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.
Days on Market for 46816, IN
We’re sorry, we don't have information for this market at the moment
The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2011-2024 Indiana Regional MLS. All rights reserved.