Home sales in the 46148 zip code market dipped below its average sales volume for the prior 12-month period. In this week's report, they plummeted 50.0% to three homes sold over the last 30 days. Meanwhile, the 46140 zip code reported 59 home sales, the highest number from all the surrounding zip codes. The median sales price continued to fall, trending downwards for four weeks to reach $75,000. The 46148 zip code is a definite buyer's market, due to falling prices and a large 12 months of inventory left.
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