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46616 Housing Market Report March 2025•Saint Joseph County, Indiana
Housing Prices in 46616, IN
How much do homes in 46616, IN cost?
Housing Market Conditions
Is 46616, IN a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
46616 is a Buyer's Market
Difference Since February 2025
Last month, 46616 has remained a Buyer's Market.
Insight
46616 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$53,500$70/SqFt
-$8,500
-13.7%
Based on all homes sold in March 2025
Insight
Homes in 46616 have sold for 13.7% less than they did a month ago.
Summary: The median home sold price in 46616 was $53,500 in March 2025, down 13.7% from last month, and the median price per square foot was $70.
Median Sold Price By Bedrooms
| Beds | Feb 2025 | Mar 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $42K | $37.5K | -10.7% |
| 33 Bedrooms | $149K | $121.5K | -18.5% |
| 44 Bedrooms | - | - | N/A |
| 55+ Bedrooms | - | - | N/A |
Summary: 46616 housing price by bedroom type for March 2025, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -10.7%. The home price for 3 bedroom homes decreased by -18.5%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.
How does 46616, IN compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
46616, IN
Housing supply in 46616, IN
How many homes are available in 46616, IN?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 44Last MonthMar 2025 | ||
| 312 months agoFeb 2025 | +41.9 % Change MoMFeb – Mar |
Summary: The 46616 real estate market had 44 homes for sale in Mar 2025, a 41.9 % increase compared to Feb 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 5Last MonthMar 2025 | ||
| 32 months agoFeb 2025 | +66.7 % Change MoMFeb – Mar |
Homes For Sale By Bedroom Count
| Beds | Feb 2025 | Mar 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 7 | 11 | +57.1% |
| 33 Bedrooms | 19 | 23 | +21.1% |
| 44 Bedrooms | 5 | 10 | +100.0% |
| 55+ Bedrooms | 0 | 0 | 0.0% |
Summary: 46616 housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +57.1%. The inventory for 3 bedroom homes increased by +21.1%. The inventory for 4 bedroom homes increased by +100.0%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in 46616, IN cost?
Over Asking Price0 Home
At Asking Price0 Home
Under Asking Price4 Homes
Insight
If you're buying a home in 46616, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in 46616 in March 2025, up by 66.7% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.
Days on Market for 46616, 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 46616, IN
What homes are available in 46616, IN?
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MLS Disclaimers and Copyright
Based on information from Indiana Regional MLS, for the period 02/01/2025 - 04/01/2025
The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2011-2025 Indiana Regional MLS. All rights reserved.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/9/2025, 12:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.