12 hours on RocketTour
$4,749 Closing Credit¹
#202524921, Chad MacDowell, Listing office: Mike Sorg, S.R.A.
46748 Housing Market Report May 2025•Allen County, Indiana
Housing Prices in 46748, IN
How much do homes in 46748, IN cost?
Housing Market Conditions
Is 46748, IN a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
46748 is a Seller's Market
Difference Since April 2025
Last month, 46748 has remained a Seller's Market.
Insight
46748 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$350,000$169/SqFt
-$76,298
-17.9%
Based on all homes sold in May 2025
Insight
Homes in 46748 have sold for 17.9% less than they did a month ago.
Summary: The median home sold price in 46748 was $350,000 in May 2025, down 17.9% from last month, and the median price per square foot was $169.
Median Sold Price By Zip Codes
| City | Apr 2025 | May 2025 | Change MoM |
|---|---|---|---|
| 46738 | $190K | $193.7K | +1.9% |
| 46845 | $389.9K | $337.5K | -13.5% |
| 46748 | $426.2K | $350K | -17.9% |
| 46765 | $400K | $279.9K | -30.0% |
Median Sold Price By Bedrooms
| Beds | Apr 2025 | May 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | - | - | N/A |
| 33 Bedrooms | $352.4K | $292K | -17.2% |
| 44 Bedrooms | $455K | $405.7K | -10.8% |
| 55+ Bedrooms | $854.5K | $559.8K | -34.5% |
Summary: 46748 housing price by bedroom type for May 2025, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes decreased by -17.2%. The home price for 4 bedroom homes decreased by -10.8%. The home price for 5 bedroom homes decreased by -34.5%.
How does 46748, IN compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
46748, IN
Housing supply in 46748, IN
How many homes are available in 46748, IN?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 102Last MonthMay 2025 | ||
| 912 months agoApr 2025 | +12.1 % Change MoMApr – May |
Summary: The 46748 real estate market had 102 homes for sale in May 2025, a 12.1 % increase compared to Apr 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 19Last MonthMay 2025 | ||
| 172 months agoApr 2025 | +11.8 % Change MoMApr – May |
Homes For Sale By Bedroom Count
| Beds | Apr 2025 | May 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 0 | 0 | 0.0% |
| 33 Bedrooms | 46 | 56 | +21.7% |
| 44 Bedrooms | 35 | 37 | +5.7% |
| 55+ Bedrooms | 10 | 9 | -10.0% |
Summary: 46748 housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +21.7%. The inventory for 4 bedroom homes increased by +5.7%. The inventory for 5 bedroom homes decreased by -10.0%.
Asking Price vs. Sold Price
How much do homes in 46748, IN cost?
Over Asking Price1 Home
At Asking Price9 Homes
Under Asking Price9 Homes
Insight
If you're buying a home in 46748, you may be able to get a good deal. 47.4% of homes here sold below asking price last month.
Summary: A total of 19 homes were sold or pending in 46748 in May 2025, up by 11.8% month-over-month. Of the 19 sold homes, 47% were sold under asking, 47% were sold at asking, and and 5% were sold over asking.
Days on Market for 46748, IN
How long does it take to sell a home in 46748, IN?
Average Sale Time
| Last Month | 1 month ago | Change MoM |
|---|---|---|
| 0 DaysLast MonthMay 2025 | ||
| 32 Days1 month agoApr 2025 | 0.0 % Change MoMApr – May |
Summary: Homes in 46748 had an average listing age of 0 days in May 2025, down by .0% compared to the previous month.
Connect With An Agent
Local real estate agents are ready to help you find a home here
Sell My Home
Sell your home with an expert or get the job done on your own.
Get Approved
Get a customizable mortgage solution based on today's rates.
Newest Listings in 46748, IN
What homes are available in 46748, IN?
Popular Cities with Homes for Sale in Indiana
- Homes for sale in Anderson, IN
- Homes for sale in Bedford, IN
- Homes for sale in Bloomington, IN
- Homes for sale in Carmel, IN
- Homes for sale in Columbus, IN
- Homes for sale in Elkhart, IN
- Homes for sale in Evansville, IN
- Homes for sale in Fishers, IN
- Homes for sale in Fort Wayne, IN
- Homes for sale in Granger, IN
- Homes for sale in Greenfield, IN
- Homes for sale in Greenwood, IN
- Homes for sale in Indianapolis, IN
- Homes for sale in Kokomo, IN
- Homes for sale in Lafayette, IN
- Homes for sale in Muncie, IN
- Homes for sale in Noblesville, IN
- Homes for sale in Plainfield, IN
- Homes for sale in South Bend, IN
- Homes for sale in Terre Haute, IN
- Homes for sale in Westfield, IN
MLS Disclaimers and Copyright
Based on information from Indiana Regional MLS, for the period 04/01/2025 - 06/01/2025
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: 6/28/2025, 9:45:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.