#202502954, Shelly Mobus, Listing Office: McKinnies Realty, LLC Elkhart
46545 Housing Market Report January 2025•Saint Joseph County, Indiana
Housing Prices in 46545, IN
How much do homes in 46545, IN cost?
Housing Market Conditions
Is 46545, IN a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
46545 is a Seller's Market
Difference Since December 2024
Last month, 46545 has remained a Seller's Market.
46545 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in January 2025
Homes in 46545 have sold for 4.8% more than they did a month ago.
Summary: The median home sold price in 46545 was $176,000 in January 2025, up 4.8% from last month, and the median price per square foot was $157.
Median Sold Price By Bedrooms
Beds | Dec 2024 | Jan 2025 | Change YoY |
---|---|---|---|
11 Bedroom | - | - | N/A |
22 Bedrooms | $115K | $155K | +34.8% |
33 Bedrooms | $211K | $209.9K | -0.5% |
44 Bedrooms | $154K | $399.9K | +159.7% |
55+ Bedrooms | - | - | N/A |
Summary: 46545 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 +34.8%. The home price for 3 bedroom homes decreased by -0.5%. The home price for 4 bedroom homes increased by +159.7%. The home price for 5 bedroom homes did not change.
Housing supply in 46545, IN
How many homes are available in 46545, IN?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
46Last MonthJan 2025 | ||
652 months agoDec 2024 | -29.2 % Change MoMDec – Jan |
Summary: The 46545 real estate market had 46 homes for sale in Jan 2025, a 29.2 % decrease compared to Dec 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
11Last MonthJan 2025 | ||
312 months agoDec 2024 | -64.5 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
Beds | Dec 2024 | Jan 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 1 | 1 | 0.0% |
22 Bedrooms | 19 | 12 | -36.8% |
33 Bedrooms | 37 | 27 | -27.0% |
44 Bedrooms | 8 | 5 | -37.5% |
55+ Bedrooms | 0 | 1 | +100.0% |
Summary: 46545 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 -36.8%. The inventory for 3 bedroom homes decreased by -27.0%. The inventory for 4 bedroom homes decreased by -37.5%. The inventory for 5 bedroom homes increased by +100.0%.
Asking Price vs. Sold Price
How much do homes in 46545, IN cost?
Over Asking Price1 Home
At Asking Price6 Homes
Under Asking Price4 Homes
If you're buying a home in 46545, expect to pay close to the asking price. 54.5% of homes here sold near the asking price last month.
Summary: A total of 11 homes were sold or pending in 46545 in January 2025, down by 64.5% month-over-month. Of the 11 sold homes, 36% were sold under asking, 55% were sold at asking, and and 9% were sold over asking.
Days on Market for 46545, IN
We’re sorry, we don't have information for this market at the moment.
Home sale times aren’t available for this area.
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Newest Listings in 46545, IN
What homes are available in 46545, IN?
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MLS Disclaimers and Copyright
Based on information from Indiana Regional MLS, for the period 12/01/2024 - 02/01/2025
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/4/2025, 4:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.