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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Avon is a seller's market

Buyer's
Market

Difference Since September 2023

Since last year, Avon has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Avon, IN

How much do homes in Avon, IN cost?

Median Sold Price

$339,960

$151/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$20,326(+6.4%)

Key Takeaway

Homes in Avon have sold for 6.4% more than they did a year ago.

Summary: The median home sold price in Avon was $339,960 in September 2024, up 6.4% from last year, and the median price per square foot was $151.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $164K$90K
-45.1%
2 $250K$247.2K
-1.1%
3 $289.9K$303K
+4.5%
4 $360K$390K
+8.3%
5+ $424.1K$470K
+10.8%

Summary: Avon housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 45.1%, 2 bedroom homes decreased by 1.1%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 10.8%.

Median Sold Price Compared To Nearby Cities

Brownsburg
+8.5%
Avon
+6.4%
Washington Township
+5.5%
Plainfield
+4.7%
Lincoln Township
+1.7%

Housing Supply in Avon, IN

How many homes are available in Avon, IN?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
219192-12.3%

Summary: The Avon real estate market had 192 homes for sale in September 2024, a 12.3% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 1816
-11.1%
3 10793
-13.1%
4 6056
-6.7%
5+ 3427
-20.6%

Summary: The Avon housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 11.1%, 3 bedroom homes decreased by 13.1%, 4 bedroom homes decreased by 6.7%, and 5+ bedroom homes decreased by 20.6%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
6542-35.4%

Asking Price vs. Sold Price

30 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Avon, you may be able to get a good deal. 73.2% of homes here sold below asking price last month.

Summary: A total of 42 homes were sold or pending in Avon in September 2024, down by 35.4% month-over-month. Of the 41 sold homes, 73% were sold under asking, 17% were sold at asking, and 10% were sold over asking.

Days on Market for Avon, IN

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

Average Sale Time

Sep 2023Sep 2024CHANGE
21 Days31 Days+45.7%

Summary: Homes in Avon had an average of 31 days on market in Sep 2024, up by 45.7% compared to last year.

Breakdown of Home Sale Times

29 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 42 homes were sold in Avon; 69% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 7% 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 30 Days Ago

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