Is 46996, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 46996 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 46996 was a Neutral Market.

Key Takeaway

46996 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 46996, IN

How much do homes in 46996, IN cost?

Median Sold Price

$155,000

$138/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$65,000(+72.2%)

Key Takeaway

Homes in 46996 have sold for 72.2% more than they did a month ago.

Summary: The median home sold price in 46996 was $155,000 in October 2024, up 72.2% from last month, and the median price per square foot was $138.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $73K$125K
+71.2%
3 $205K$210.3K
+2.6%
4 --
N/A
5+ --
N/A

Summary: 46996 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 increased by 71.2%, 3 bedroom homes increased by 2.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

46939
+75.3%
46996
+72.2%

Housing Supply in 46996, IN

How many homes are available in 46996, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2024+20.0%

Summary: The 46996 real estate market had 24 homes for sale in October 2024, a 20.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 64
-33.3%
3 712
+71.4%
4 45
+25.0%
5+ 33
0.0%

Summary: The 46996 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 decreased by 33.3%, 3 bedroom homes increased by 71.4%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
37+133.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 46996, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in 46996 in October 2024, up by 133.3% month-over-month. Of the 7 sold homes, 43% were sold under asking, 43% were sold at asking, and 14% were sold over asking.

Days on Market for 46996, 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 17 Days Ago

Newest Listings in 46996, IN

Nearby Markets to 46996, IN