Is 46835, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 46835 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 46835 has remained a Seller's Market.

Key Takeaway

46835 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 46835, IN

How much do homes in 46835, IN cost?

Median Sold Price

$239,900

$140/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$6,100(-2.5%)

Key Takeaway

Homes in 46835 have sold for 2.5% less than they did a month ago.

Summary: The median home sold price in 46835 was $239,900 in November 2024, down 2.5% from last month, and the median price per square foot was $140.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $182K-
N/A
2 $155K$239.9K
+54.8%
3 $240K$215K
-10.4%
4 $260K$317.5K
+22.1%
5+ $375.9K$274K
-27.1%

Summary: 46835 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 increased by 54.8%, 3 bedroom homes decreased by 10.4%, 4 bedroom homes increased by 22.1%, and 5+ bedroom homes decreased by 27.1%.

Median Sold Price Compared To Nearby Zip Codes

46825
+3.8%
46774
+1.0%
46845
-1.0%
46835
-2.5%
46815
-7.0%

Housing Supply in 46835, IN

How many homes are available in 46835, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
128143+11.7%

Summary: The 46835 real estate market had 143 homes for sale in November 2024, a 11.7% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 1417
+21.4%
3 5976
+28.8%
4 4341
-4.7%
5+ 119
-18.2%

Summary: The 46835 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 21.4%, 3 bedroom homes increased by 28.8%, 4 bedroom homes decreased by 4.7%, and 5+ bedroom homes decreased by 18.2%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
4237-11.9%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

18 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 46835, expect to pay close to the asking price. 51.4% of homes here sold near the asking price last month.

Summary: A total of 37 homes were sold or pending in 46835 in November 2024, down by 11.9% month-over-month. Of the 35 sold homes, 31% were sold under asking, 51% were sold at asking, and 17% were sold over asking.

Days on Market for 46835, 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 21 Days Ago

Newest Listings in 46835, IN

Nearby Markets to 46835, IN