Is Brownsburg, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Brownsburg has remained a Seller's Market.
Housing Prices in Brownsburg, IN
How much do homes in Brownsburg, IN cost?
Median Sold Price
$359,981
$158/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Brownsburg was $359,981 in April 2024, up 16.1% from last year, and the median price per square foot was $158.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $100K | N/A |
2 Bedrooms | $221K | $282.5K | +27.8% |
3 Bedrooms | $280K | $300K | +7.1% |
4 Bedrooms | $390K | $418.8K | +7.4% |
5+ Bedrooms | $480K | $462K | -3.8% |
Summary: Brownsburg 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 increased by 27.8%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 7.4%, and 5+ bedroom homes decreased by 3.8%.
Median Sold Price Compared To Nearby Cities
Brownsburg | $310K | $359.9K | +16.1% |
Pittsboro | $331K | $351K | +6.0% |
Lincoln Township | $305.4K | $317.7K | +4.0% |
Brown Township | $397K | $412.8K | +4.0% |
Middle Township | $338.7K | $349.9K | +3.3% |
Housing Supply in Brownsburg, IN
How many homes are available in Brownsburg, IN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
133 | 161 | +21.1% |
Summary: The Brownsburg real estate market had 161 homes for sale in April 2024, a 21.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 17 | 20 | +17.6% |
3 Bedrooms | 53 | 62 | +17.0% |
4 Bedrooms | 44 | 51 | +15.9% |
5+ Bedrooms | 19 | 27 | +42.1% |
Summary: The Brownsburg housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 17.6%, 3 bedroom homes increased by 17%, 4 bedroom homes increased by 15.9%, and 5+ bedroom homes increased by 42.1%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
36 | 44 | +22.2% |
Asking Price vs. Sold Price
22 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 44 homes were sold or pending in Brownsburg in April 2024, up by 22.2% month-over-month. Of the 44 sold homes, 50% were sold under asking, 30% were sold at asking, and 20% were sold over asking.
Days on Market for Brownsburg, IN
How long does it take to sell a home in Brownsburg, IN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
46 Days | 39 Days | -15.2% |
Summary: Homes in Brownsburg had an average of 39 days on market in Apr 2024, down by 15.2% compared to last year.
Breakdown of Home Sale Times
24 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Summary: During April 2024, 44 homes were sold in Brownsburg; 55% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.