New - 1 day on Rocket
$4,393 Closing Credit¹
#22020288, Brette McGuire, Listing Office: Greene Realty, LLC
46121 Housing Market Report January 2025•Putnam County, Indiana
Housing Prices in 46121, IN
How much do homes in 46121, IN cost?
Housing Market Conditions
Is 46121, IN a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
46121 is a Seller's Market
Difference Since January 2024
At the same time last year, 46121 was a Neutral Market.
Insight
46121 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$292,500$184/SqFt
+$12,500
+4.5%
Based on all homes sold in the last 12 months
Insight
Homes in 46121 have sold for 4.5% more than they did a year ago.
Summary: The median home sold price in 46121 was $292,500 in January 2025, up 4.5% from last year, and the median price per square foot was $184.
Median Sold Price By City
| City | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 46121 | $280K | $292.5K | +4.5% |
| 46118 | $283K | $290K | +2.5% |
| 46128 | $277.5K | $255K | -8.1% |
Median Sold Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $228.5K | $256.7K | +12.4% |
| 33 Bedrooms | $279K | $288.5K | +3.4% |
| 44 Bedrooms | $320K | $440.9K | +37.8% |
| 55+ Bedrooms | $550K | $635K | +15.5% |
Summary: 46121 housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +12.4%. The home price for 3 bedroom homes increased by +3.4%. The home price for 4 bedroom homes increased by +37.8%. The home price for 5 bedroom homes increased by +15.5%.
Housing supply in 46121, IN
How many homes are available in 46121, IN?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 46Last MonthJan 2025 | ||
| 462 months agoDec 2024 | 0.0 % Change MoMDec – Jan |
Summary: The 46121 real estate market had 46 homes for sale in Jan 2025, the same as Dec 2024
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 9Last MonthJan 2025 | ||
| 122 months agoDec 2024 | -25.0 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 4 | 3 | -25.0% |
| 33 Bedrooms | 32 | 34 | +6.3% |
| 44 Bedrooms | 8 | 7 | -12.5% |
| 55+ Bedrooms | 2 | 2 | 0.0% |
Summary: 46121 housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -25.0%. The inventory for 3 bedroom homes increased by +6.3%. The inventory for 4 bedroom homes decreased by -12.5%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in 46121, IN cost?
Over Asking Price1 Home
At Asking Price1 Home
Under Asking Price7 Homes
Insight
If you're buying a home in 46121, you may be able to get a good deal. 77.8% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in 46121 in January 2025, down by 25.0% month-over-month. Of the 9 sold homes, 78% were sold under asking, 11% were sold at asking, and and 11% were sold over asking.
Days on Market for 46121, IN
How long does it take to sell a home in 46121, IN?
Breakdown of Home Sale Times
Under 30 Days3 Homes
30 – 90 Days2 Homes
Over 90 Days4 Homes
Insight
Most homes in 46121 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During January 2025, 9 homes were sold in 46121; 33% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 44% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 89 DaysThis YearJan 2025 | ||
| 29 Days1 year agoJan 2024 | +204.7 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in 46121 had an average listing age of 89 days in Jan 2025, up by 204.7% compared to the previous year.
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Newest Listings in 46121, IN
What homes are available in 46121, IN?
New - 1 day on Rocket
#22018646, Theresa Volk, Listing Office: Grange Real Estate
New - 5 days on Rocket
#22019640, Rachael Phillips, Listing Office: In-Site Real Estate Services
$4,560 Closing Credit¹
#22019300, Eric Miller, Listing Office: Wright, REALTORS®
$4,038 Closing Credit¹
#22017616, Neil Tremblett, Listing Office: F.C. Tucker Company
$10,000 Closing Credit¹
#22018817, Heather Ludlow, Listing Office: Greene Realty, LLC
$3,205 Closing Credit¹
#22017778, Chris Harcourt, Listing Office: RE/MAX Cornerstone
$3,264 Closing Credit¹
#22017772, Chris Harcourt, Listing Office: RE/MAX Cornerstone
$4,038 Closing Credit¹
#22017769, Chris Harcourt, Listing Office: RE/MAX Cornerstone
$3,799 Closing Credit¹
#22017486, Daniel Nolan, Listing Office: Ladd Realty, LLC
$4,274 Closing Credit¹
#22017526, Heather Ludlow, Listing Office: Greene Realty, LLC
$3,503 Closing Credit¹
#22016907, Chris Harcourt, Listing Office: RE/MAX Cornerstone
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Based on information from MIBOR Broker Listing Cooperative®, for the period 02/01/2023 - 02/01/2025
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/2/2025, 9:16:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.