46835 Housing Market Report January 2025Allen County, Indiana

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Housing Prices in 46835, IN

How much do homes in 46835, IN cost?

Housing Market Conditions

Is 46835, IN a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

46835 is a Seller's Market

Difference Since December 2024

Last month, 46835 has remained a Seller's Market.

Insight

46835 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$243,500$148/SqFt
+$8,500
+3.6%

Based on all homes sold in January 2025

Insight

Homes in 46835 have sold for 3.6% more than they did a month ago.

Summary: The median home sold price in 46835 was $243,500 in January 2025, up 3.6% from last month, and the median price per square foot was $148.

Median Sold Price By City

Median Sold Price By City
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
46815
+11.1%
46825
+6.4%
46835
+3.6%
46845
0.4%
46774
-1.1%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsDec 2024Jan 2025Change YoY
2$187.5K$170K
-9.3%
3$242K$244.2K
+0.9%
4$249.5K$270K
+8.2%
5$560K$350K
-37.5%
1--
N/A

Summary: 46835 housing price by bedroom type for January 2025, compared to the previous year. The home price for 2 bedroom homes decreased by -9.3%. The home price for 3 bedroom homes increased by +0.9%. The home price for 4 bedroom homes increased by +8.2%. The home price for 5 bedroom homes decreased by -37.5%. The home price for 1 bedroom homes did not change.

Housing supply in 46835, IN

How many homes are available in 46835, IN?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
114Last MonthJan 2025
1212 months agoDec 2024
-5.8 %
Change MoMDec – Jan

Summary: The 46835 real estate market had 114 homes for sale in Jan 2025, a 5.8 % decrease compared to Dec 2024.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
33Last MonthJan 2025
402 months agoDec 2024
-17.5 %
Change MoMDec – Jan

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsDec 2024Jan 2025Change MoM
2138
-38.5%
36665
-1.5%
43734
-8.1%
557
+40.0%
100
0.0%

Summary: 46835 housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 2 bedroom homes decreased by -38.5%. The inventory for 3 bedroom homes decreased by -1.5%. The inventory for 4 bedroom homes decreased by -8.1%. The inventory for 5 bedroom homes increased by +40.0%. The inventory for 1 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in 46835, IN cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price3 Homes

At Asking Price8 Homes

Under Asking Price20 Homes

Insight

If you're buying a home in 46835, you may be able to get a good deal. 64.5% of homes here sold below asking price last month.

Summary: A total of 33 homes were sold or pending in 46835 in January 2025, down by 17.5% month-over-month. Of the 31 sold homes, 65% were sold under asking, 26% were sold at asking, and and 10% were sold over asking.

Days on Market for 46835, IN

How long does it take to sell a home in 46835, IN?

Breakdown of Home Sale Times

Under 30 Days1 Home

30 – 90 Days0 Home

Over 90 Days0 Home

Insight

Many homes in 46835 are selling fast, if you're buying plan to act quickly.

Summary: During January 2025, 33 homes were sold in 46835; 3% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
Last Month1 month agoChange MoM
23 DaysLast MonthJan 2025
0 Days1 month agoDec 2024
0.0 %
Change MoMDec – Jan

Summary: Homes in 46835 had an average listing age of 23 days in Jan 2025, down by .0% compared to the previous month.

Newest Listings in 46835, IN

What homes are available in 46835, IN?

MLS Disclaimers and Copyright

Based on information from Indiana Regional MLS, for the period 12/01/2024 - 02/01/2025

IDX 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: 2/11/2025, 2:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.