46240 Home Values & Market Trends
There are 2 homes currently listed for 46240. 46240 real estate market trends show that home prices range from $99,900 to $575,000, and the median sales price in the 46240 zip code is $339,785.3. The total number of properties sold within the past twelve months is 506. In 46240, 3 properties are in foreclosure, 0 are bank owned properties,and 1 are headed for auction.
46240 Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Indianapolis | $ 241,990 $ 146/sqft | Indianapolis | $ 241,990 $ 146/sqft |
Housing Market Summary for 46240
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $332.4K | $336.1K | 1.11% |
| Median Sold Price | $360K | $336.1K | -6.63% |
| Homes For Sale | 2 | 2 | - |
| Homes Sold | 145 | 154 | 6.21% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in 46240
Browse Homes in 46240
The median list price of a home in Indianapolis, is $339,785.3. A total of 2 properties are for sale, and the percentage of properties for sale in the zip code is 2.00%. The total count of 46240 properties is 5,482.
- Pre-ForeclosurePre-foreclosure homes account for 0.04% of all residential properties in 46240 with indianapolis containing 733 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 2 cities within 46240; of those cities, the estimated home value for pre-foreclosure homes ranges from $728,244 in indianapolis to the lowest home value of $36,565 in indianapolis.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 46240 ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in 46240. There are 2 cities within 46240; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsindianapolis has 112 auction properties, the highest number of properties going to auction in a single city in the state of 46240. Auction homes and other auction properties account for 0.02% of all properties in 46240. There are 2 cities within 46240; of those cities, the median estimated home value for homes going to auction ranges from $1,214,441 in indianapolis to the lowest value of $64,464 in indianapolis.
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Guide for 46240
The real estate market in Indianapolis, Indiana has shown growth in property values from March 2023 to January 2024, despite a minor dip in properties sold.
The Fort Wayne, Indiana real estate market showed impressive growth trends in 2023, with property values and prices per square foot showing an upward trajectory, suggesting potential for continued growth.
Information on foreclosure financing, refinancing, and foreclosure mortgages.
Market report of Savannah, GA, a real estate market that has shown consistent growth, with the average property value reaching nearly $400,000.