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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Austin is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Austin was a Buyer's Market.

Key Takeaway

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

Housing Prices in Austin, IN

How much do homes in Austin, IN cost?

Median Sold Price

$150,000

$115/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$20,000(+15.4%)

Key Takeaway

Homes in Austin have sold for 15.4% more than they did a month ago.

Summary: The median home sold price in Austin was $150,000 in April 2024, up 15.4% from last month, and the median price per square foot was $115.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $130K$150K
+15.4%
4 -$190K
N/A
5+ --
N/A

Summary: Austin 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 15.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Austin
+15.4%
Jennings Township
+15.4%

Housing Supply in Austin, IN

How many homes are available in Austin, IN?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
87-12.5%

Summary: The Austin real estate market had 7 homes for sale in April 2024, a 12.5% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 11
0.0%
3 54
-20.0%
4 22
0.0%
5+ 00
0.0%

Summary: The Austin 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 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
14+300.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Austin, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Austin in April 2024, up by 300.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for Austin, IN

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

Average Sale Time

Mar 2024Apr 2024CHANGE
85 Days73 Days-13.7%

Summary: Homes in Austin had an average of 73 days on market in Apr 2024, down by 13.7% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 4 homes were sold in Austin; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% 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 4 Days Ago

Newest Listings in Austin, IN

Nearby Markets to Austin, IN