Is Christian Park, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Christian Park is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

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

-$2,289(-1.7%)

Key Takeaway

Homes in Christian Park have sold for 1.7% less than they did a year ago.

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

# BEDSMay 2023May 2024CHANGE
1 $103K$69.9K
-32.1%
2 $125K$122.5K
-2.0%
3 $137.5K$145K
+5.5%
4 $174K$195.5K
+12.4%
5+ $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 2024May 2024CHANGE
4847-2.1%

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

# BEDSApr 2024May 2024CHANGE
1 10
-100.0%
2 1916
-15.8%
3 2226
+18.2%
4 43
-25.0%
5+ 22
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 2024May 2024CHANGE
1213+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

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Christian Park, you may be able to get a good deal. 46.2% of homes here sold below asking price last month.

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 2023May 2024CHANGE
50 Days68 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

Breakdown of Home Sale Times

Key Takeaway

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

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.

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

Report Updated 1 Day Ago

Newest Listings in Christian Park, IN

Nearby Markets to Christian Park, IN