Is Christian Park, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Christian Park has remained a Seller's Market.
Housing Prices in Christian Park, IN
How much do homes in Christian Park, IN cost?
Median Sold Price
$130,000
$87/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Christian Park was $130,000 in May 2024, down 1.7% from last year, and the median price per square foot was $87.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $103K | $69.9K | -32.1% |
2 Bedrooms | $125K | $122.5K | -2.0% |
3 Bedrooms | $137.5K | $145K | +5.5% |
4 Bedrooms | $174K | $195.5K | +12.4% |
5+ Bedrooms | $115K | $85K | -26.1% |
Summary: Christian Park housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 32.1%, 2 bedroom homes decreased by 2%, 3 bedroom homes increased by 5.5%, 4 bedroom homes increased by 12.4%, and 5+ bedroom homes decreased by 26.1%.
Housing Supply in Christian Park, IN
How many homes are available in Christian Park, IN?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
48 | 47 | -2.1% |
Summary: The Christian Park real estate market had 47 homes for sale in May 2024, a 2.1% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 19 | 16 | -15.8% |
3 Bedrooms | 22 | 26 | +18.2% |
4 Bedrooms | 4 | 3 | -25.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Christian Park housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 15.8%, 3 bedroom homes increased by 18.2%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
12 | 13 | +8.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in Christian Park in May 2024, up by 8.3% month-over-month. Of the 13 sold homes, 46% were sold under asking, 15% were sold at asking, and 38% were sold over asking.
Days on Market for Christian Park, IN
How long does it take to sell a home in Christian Park, IN?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
50 Days | 68 Days | +33.5% |
Summary: Homes in Christian Park had an average of 68 days on market in May 2024, up by 33.5% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 13 homes were sold in Christian Park; 69% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.