#202507521, Tim McKinnies, Listing Office: McKinnies Realty, LLC
46628 Housing Market Report February 2025•Saint Joseph County, Indiana
Housing Prices in 46628, IN
How much do homes in 46628, IN cost?
Housing Market Conditions
Is 46628, IN a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
46628 is a Seller's Market
Difference Since January 2025
Last month, 46628 has remained a Seller's Market.
46628 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 February 2025
Homes in 46628 have sold for 42.3% less than they did a month ago.
Summary: The median home sold price in 46628 was $125,000 in February 2025, down 42.3% from last month, and the median price per square foot was $102.
Median Sold Price By Bedrooms
Beds | Jan 2025 | Feb 2025 | Change MoM |
---|---|---|---|
11 Bedroom | - | - | N/A |
22 Bedrooms | $124K | $74.9K | -39.6% |
33 Bedrooms | $216.6K | $127.4K | -41.2% |
44 Bedrooms | $227.4K | $273.7K | +20.3% |
55+ Bedrooms | $295K | $327.5K | +11.0% |
Summary: 46628 housing price by bedroom type for February 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 -39.6%. The home price for 3 bedroom homes decreased by -41.2%. The home price for 4 bedroom homes increased by +20.3%. The home price for 5 bedroom homes increased by +11.0%.
Housing supply in 46628, IN
How many homes are available in 46628, IN?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
134Last MonthFeb 2025 | ||
1152 months agoJan 2025 | +16.5 % Change MoMJan – Feb |
Summary: The 46628 real estate market had 134 homes for sale in Feb 2025, a 16.5 % increase compared to Jan 2025.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
31Last MonthFeb 2025 | ||
202 months agoJan 2025 | +55.0 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
Beds | Jan 2025 | Feb 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 1 | 2 | +100.0% |
22 Bedrooms | 20 | 30 | +50.0% |
33 Bedrooms | 69 | 74 | +7.2% |
44 Bedrooms | 18 | 22 | +22.2% |
55+ Bedrooms | 7 | 6 | -14.3% |
Summary: 46628 housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +100.0%. The inventory for 2 bedroom homes increased by +50.0%. The inventory for 3 bedroom homes increased by +7.2%. The inventory for 4 bedroom homes increased by +22.2%. The inventory for 5 bedroom homes decreased by -14.3%.
Asking Price vs. Sold Price
How much do homes in 46628, IN cost?
Over Asking Price2 Homes
At Asking Price9 Homes
Under Asking Price16 Homes
If you're buying a home in 46628, you may be able to get a good deal. 59.3% of homes here sold below asking price last month.
Summary: A total of 31 homes were sold or pending in 46628 in February 2025, up by 55.0% month-over-month. Of the 27 sold homes, 59% were sold under asking, 33% were sold at asking, and and 7% were sold over asking.
Days on Market for 46628, 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 46628, IN
What homes are available in 46628, IN?
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MLS Disclaimers and Copyright
Based on information from Indiana Regional MLS, for the period 01/01/2025 - 03/01/2025

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/10/2025, 8:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.