46016 Zip Code Real Estate Market Sees Home Sales Decline

The 46016 zip code remained below its 12-month average sales volume this week as sales fell 12.5% to hit seven homes sold over the last 30 days. Within the same time frame, the 46060 zip code had 62 sales, the most of all zip codes in the area. The median sales price rose dramatically to $57,500 over the latest reporting period for the 46016 zip code, up from $44,250. With decreasing sales and the availability of 15 months of inventory, the 46016 zip code is a definite buyer's market.

If you're trying to find a bargain, make sure you look into these homes in the 46016 zip code with recent price reductions:

$159K  

Get started right now by checking out 46016 homes for sale or reviewing 46016 real estate trends.

Demographic facts for the 46016 zip code:

  • The average age of the population is 34 years old.
  • The health cost index score in this area is 94.9. (100 = national average)
  • People in this area have a commute time breakdown of: <15 min (38.6%), 15-29 min (24.4%), 30-44 min (15.4%), 45-59 min (11.0%), >60 min (10.6%).

Data reported through 10/12/2016

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Carpenter Realtors
Snapped 10 homes in this area

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