Is Bourbon, IN 46504 a buyer’s or seller’s market?
Bourbon is a seller’s market. With about 2 months of supply and 38% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Months of supply2Under 4 months = seller’s market
Sold above original list37.5%Share of sales, last 3 months
Median sale-to-list98.9%Sold price ÷ list price
Median days on market19Listing to accepted offer
Median price per sq ft$168▲ +7.5% vs. last year
Run the numbers for 46504
Nearby markets
Argos 46501Seller’s market $124 /sq ftBremen 46506Seller’s market $137 /sq ftCulver 46511Seller’s market $220 /sq ftLapaz 46537 $142 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology