Is 46901, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 46901 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 46901 has remained a Seller's Market.

Key Takeaway

46901 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 46901, IN

How much do homes in 46901, IN cost?

Median Sold Price

$147,500

$106/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$17,400(-10.6%)

Key Takeaway

Homes in 46901 have sold for 10.6% less than they did a month ago.

Summary: The median home sold price in 46901 was $147,500 in November 2024, down 10.6% from last month, and the median price per square foot was $106.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $58.9K-
N/A
2 $116.7K$90.7K
-22.3%
3 $175K$129.9K
-25.8%
4 $255K$266.5K
+4.5%
5+ $114.2K$194K
+69.8%

Summary: 46901 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 22.3%, 3 bedroom homes decreased by 25.8%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes increased by 69.8%.

Median Sold Price Compared To Nearby Zip Codes

46932
+70.1%
46979
-4.9%
46901
-10.6%

Housing Supply in 46901, IN

How many homes are available in 46901, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
154164+6.5%

Summary: The 46901 real estate market had 164 homes for sale in November 2024, a 6.5% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 44
0.0%
2 2933
+13.8%
3 6771
+6.0%
4 4647
+2.2%
5+ 89
+12.5%

Summary: The 46901 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 13.8%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes increased by 12.5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
4032-20.0%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 46901, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 32 homes were sold or pending in 46901 in November 2024, down by 20.0% month-over-month. Of the 32 sold homes, 50% were sold under asking, 13% were sold at asking, and 38% were sold over asking.

Days on Market for 46901, IN

How long does it take to sell a home in 46901, IN?

Average Sale Time

Oct 2024Nov 2024CHANGE
28 Days10 Days-61.8%

Summary: Homes in 46901 had an average of 10 days on market in Nov 2024, down by 61.8% compared to last month.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 46901 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 32 homes were sold in 46901; 13% of homes were sold within 30 days, 3% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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 46901, IN

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