$2,494 Closing Credit*
$210,000
4 Beds
•1 Full Bath
Ahtway Freeda, Listing Office: eXp Realty, LLC
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
$232,500
$149/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$15,000(+6.9%)
Key Takeaway
Homes in 46816 have sold for 6.9% more than they did a month ago.
Summary: The median home sold price in 46816 was $232,500 in November 2024, up 6.9% from last month, and the median price per square foot was $149.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $195K | $124.9K | -35.9% |
| 3 Bedrooms | $163K | $260K | +59.5% |
| 4 Bedrooms | $310.5K | $242.5K | -21.9% |
| 5+ Bedrooms | $325K | - | N/A |
Summary: 46816 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 35.9%, 3 bedroom homes increased by 59.5%, 4 bedroom homes decreased by 21.9%, 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
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 34 | 41 | +20.6% |
Summary: The 46816 real estate market had 41 homes for sale in November 2024, a 20.6% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 17 | 26 | +52.9% |
| 4 Bedrooms | 12 | 13 | +8.3% |
| 5+ Bedrooms | 3 | 1 | -66.7% |
Summary: The 46816 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 50%, 3 bedroom homes increased by 52.9%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes decreased by 66.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 10 | +25.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 46816, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in 46816 in November 2024, up by 25.0% month-over-month. Of the 10 sold homes, 40% were sold under asking, 30% were sold at asking, and 30% 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.