Is 46982, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 46982 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 46982 has remained a Seller's Market.

Key Takeaway

46982 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 46982, IN

How much do homes in 46982, IN cost?

Median Sold Price

$188,500

$161/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$52,000(+38.1%)

Key Takeaway

Homes in 46982 have sold for 38.1% more than they did a month ago.

Summary: The median home sold price in 46982 was $188,500 in November 2024, up 38.1% from last month, and the median price per square foot was $161.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $120.7K$240K
+98.8%
3 $167.9K$175K
+4.2%
4 --
N/A
5+ --
N/A

Summary: 46982 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 98.8%, 3 bedroom homes increased by 4.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

46982
+38.1%
46962
-2.3%
46510
-44.8%

Housing Supply in 46982, IN

How many homes are available in 46982, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1113+18.2%

Summary: The 46982 real estate market had 13 homes for sale in November 2024, a 18.2% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 43
-25.0%
3 57
+40.0%
4 12
+100.0%
5+ 00
0.0%

Summary: The 46982 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 decreased by 25%, 3 bedroom homes increased by 40%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

2 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 46982, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 46982 in November 2024, up by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for 46982, 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 46982, IN

Nearby Markets to 46982, IN