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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Auburn is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Auburn was a Buyer's Market.

Key Takeaway

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

Housing Prices in Auburn, IN

How much do homes in Auburn, IN cost?

Median Sold Price

$221,500

$160/sqft

Based on all homes sold in February 2024.

Difference Since Last Month

-$53,500(-19.5%)

Key Takeaway

Homes in Auburn have sold for 19.5% less than they did a month ago.

Summary: The median home sold price in Auburn was $221,500 in February 2024, down 19.5% from last month, and the median price per square foot was $160.

Median Sold Price By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 --
N/A
2 $247.9K$166.4K
-32.9%
3 $309.3K$224K
-27.6%
4 $362.4K$308.9K
-14.8%
5+ --
N/A

Summary: Auburn housing prices by bedroom type for February 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 32.9%, 3 bedroom homes decreased by 27.6%, 4 bedroom homes decreased by 14.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Grant Township
-9.7%
Union Township
-14.8%
Auburn
-19.5%
Jackson Township
-24.9%
Keyser Township
-37.4%

Housing Supply in Auburn, IN

How many homes are available in Auburn, IN?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
7992+16.5%

Summary: The Auburn real estate market had 92 homes for sale in February 2024, a 16.5% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 1010
0.0%
3 4855
+14.6%
4 2025
+25.0%
5+ 12
+100.0%

Summary: The Auburn housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 14.6%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
927+200.0%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Auburn, you may be able to get a good deal. 53.8% of homes here sold below asking price last month.

Summary: A total of 27 homes were sold or pending in Auburn in February 2024, up by 200.0% month-over-month. Of the 26 sold homes, 54% were sold under asking, 35% were sold at asking, and 12% were sold over asking.

Days on Market for Auburn, IN

We’re sorry, we don't have information for this market at the moment

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

Report Updated 28 Days Ago

Newest Listings in Auburn, IN

Nearby Markets to Auburn, IN

What housing markets are near Auburn, IN?