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 4 Days Ago

Newest Listings in 46953, IN

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