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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Zionsville is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Zionsville has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Zionsville, IN

How much do homes in Zionsville, IN cost?

Median Sold Price

$672,148

$167/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$67,148(+11.1%)

Key Takeaway

Homes in Zionsville have sold for 11.1% more than they did a year ago.

Summary: The median home sold price in Zionsville was $672,148 in April 2024, up 11.1% from last year, and the median price per square foot was $167.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$325K
N/A
2 $322.5K$290K
-10.1%
3 $425K$452K
+6.4%
4 $625K$669K
+7.0%
5+ $775K$875K
+12.9%

Summary: Zionsville housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 10.1%, 3 bedroom homes increased by 6.4%, 4 bedroom homes increased by 7%, and 5+ bedroom homes increased by 12.9%.

Median Sold Price Compared To Nearby Cities

Eagle Township
+16.3%
Zionsville
+11.1%
Carmel
+6.5%
Pike Township
+4.2%
Worth Township
-3.0%

Housing Supply in Zionsville, IN

How many homes are available in Zionsville, IN?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
86116+34.9%

Summary: The Zionsville real estate market had 116 homes for sale in April 2024, a 34.9% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 64
-33.3%
3 1430
+114.3%
4 3339
+18.2%
5+ 3343
+30.3%

Summary: The Zionsville housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 114.3%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes increased by 30.3%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
2232+45.5%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Zionsville, you may be able to get a good deal. 40.6% of homes here sold below asking price last month.

Summary: A total of 32 homes were sold or pending in Zionsville in April 2024, up by 45.5% month-over-month. Of the 32 sold homes, 41% were sold under asking, 25% were sold at asking, and 34% were sold over asking.

Days on Market for Zionsville, IN

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

Average Sale Time

Apr 2023Apr 2024CHANGE
16 Days-229 Days-1495.2%

Summary: Homes in Zionsville had an average of -229 days on market in Apr 2024, down by 1495.2% compared to last year.

Breakdown of Home Sale Times

23 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 32 homes were sold in Zionsville; 72% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 16 Days Ago

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