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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Arcadia is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Arcadia has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Arcadia, IN

How much do homes in Arcadia, IN cost?

Median Sold Price

$328,000

$138/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$106,200(+47.9%)

Key Takeaway

Homes in Arcadia have sold for 47.9% more than they did a month ago.

Summary: The median home sold price in Arcadia was $328,000 in April 2024, up 47.9% from last month, and the median price per square foot was $138.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 -$206.9K
N/A
3 $221.8K$328K
+47.9%
4 -$555K
N/A
5+ --
N/A

Summary: Arcadia housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 47.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Arcadia, IN

How many homes are available in Arcadia, IN?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
770.0%

Summary: The Arcadia real estate market had 7 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 22
0.0%
3 43
-25.0%
4 12
+100.0%
5+ 00
0.0%

Summary: The Arcadia 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 remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Arcadia, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Arcadia in April 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.

Days on Market for Arcadia, IN

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

Average Sale Time

Mar 2024Apr 2024CHANGE
2 Days24 Days+1116.7%

Summary: Homes in Arcadia had an average of 24 days on market in Apr 2024, up by 1116.7% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 3 homes were sold in Arcadia; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% 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 20 Days Ago

Newest Listings in Arcadia, IN

Nearby Markets to Arcadia, IN