Is 46936, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 46936 is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, 46936 was a Buyer's Market.

Key Takeaway

46936 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 46936, IN

How much do homes in 46936, IN cost?

Median Sold Price

$176,000

$112/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$62,000(-26.1%)

Key Takeaway

Homes in 46936 have sold for 26.1% less than they did a month ago.

Summary: The median home sold price in 46936 was $176,000 in October 2024, down 26.1% from last month, and the median price per square foot was $112.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $155K$129K
-16.8%
3 $321K$216.2K
-32.6%
4 -$248K
N/A
5+ --
N/A

Summary: 46936 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 decreased by 16.8%, 3 bedroom homes decreased by 32.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

46919
+210.1%
46986
+4.2%
46936
-26.1%

Housing Supply in 46936, IN

How many homes are available in 46936, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2531+24.0%

Summary: The 46936 real estate market had 31 homes for sale in October 2024, a 24.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 33
0.0%
3 1517
+13.3%
4 48
+100.0%
5+ 33
0.0%

Summary: The 46936 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 increased by 13.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
25+150.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 46936, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in 46936 in October 2024, up by 150.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.

Days on Market for 46936, 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 22 Days Ago

Newest Listings in 46936, IN

Nearby Markets to 46936, IN