Is Galludet, 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, Galludet has remained a Seller's Market.
Housing Prices in Galludet, IN
How much do homes in Galludet, IN cost?
Median Sold Price
$295,250
$143/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Galludet was $295,250 in May 2024, down 1.6% from last year, and the median price per square foot was $143.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $273K | $271.5K | -0.5% |
3 Bedrooms | $273.8K | $266K | -2.9% |
4 Bedrooms | $325K | $324.5K | -0.2% |
5+ Bedrooms | $425K | $399.9K | -5.9% |
Summary: Galludet housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 0.5%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes decreased by 0.2%, and 5+ bedroom homes decreased by 5.9%.
Housing Supply in Galludet, IN
How many homes are available in Galludet, IN?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
83 | 81 | -2.4% |
Summary: The Galludet real estate market had 81 homes for sale in May 2024, a 2.4% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 17 | 12 | -29.4% |
3 Bedrooms | 27 | 33 | +22.2% |
4 Bedrooms | 34 | 32 | -5.9% |
5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Galludet housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 29.4%, 3 bedroom homes increased by 22.2%, 4 bedroom homes decreased by 5.9%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
22 | 18 | -18.2% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 18 homes were sold or pending in Galludet in May 2024, down by 18.2% month-over-month. Of the 18 sold homes, 39% were sold under asking, 22% were sold at asking, and 39% were sold over asking.
Days on Market for Galludet, IN
How long does it take to sell a home in Galludet, IN?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
76 Days | 21 Days | -72.1% |
Summary: Homes in Galludet had an average of 21 days on market in May 2024, down by 72.1% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 18 homes were sold in Galludet; 72% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.