Is 46953, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 46953 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 46953 has remained a Seller's Market.

Key Takeaway

46953 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 46953, IN

How much do homes in 46953, IN cost?

Median Sold Price

$99,000

$72/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$50,250(-33.7%)

Key Takeaway

Homes in 46953 have sold for 33.7% less than they did a month ago.

Summary: The median home sold price in 46953 was $99,000 in October 2024, down 33.7% from last month, and the median price per square foot was $72.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $157.5K$60K
-61.9%
3 $122.5K$109K
-11.0%
4 $215.5K$223K
+3.5%
5+ $449K$259.9K
-42.1%

Summary: 46953 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 61.9%, 3 bedroom homes decreased by 11%, 4 bedroom homes increased by 3.5%, and 5+ bedroom homes decreased by 42.1%.

Median Sold Price Compared To Nearby Zip Codes

46989
+10.4%
46933
-12.7%
46952
-27.2%
46953
-33.7%
46938
-49.4%

Housing Supply in 46953, IN

How many homes are available in 46953, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
7679+3.9%

Summary: The 46953 real estate market had 79 homes for sale in October 2024, a 3.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1625
+56.3%
3 4239
-7.1%
4 1512
-20.0%
5+ 33
0.0%

Summary: The 46953 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 increased by 56.3%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1923+21.1%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 46953, you may be able to get a good deal. 60.9% of homes here sold below asking price last month.

Summary: A total of 23 homes were sold or pending in 46953 in October 2024, up by 21.1% month-over-month. Of the 23 sold homes, 61% were sold under asking, 26% were sold at asking, and 13% were sold over asking.

Days on Market for 46953, IN

How long does it take to sell a home in 46953, IN?

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 46953 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 23 homes were sold in 46953; 4% of homes were sold within 30 days, 0% 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 23 Days Ago

Newest Listings in 46953, IN

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