Is Avon, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Avon has remained a Seller's Market.
Housing Prices in Avon, IN
How much do homes in Avon, IN cost?
Median Sold Price
$326,517
$149/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Avon was $326,517 in March 2024, down 1.3% from last year, and the median price per square foot was $149.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $127K | N/A |
2 Bedrooms | $295K | $242K | -18.0% |
3 Bedrooms | $292K | $290K | -0.7% |
4 Bedrooms | $374.5K | $365K | -2.5% |
5+ Bedrooms | $421K | $437.4K | +3.9% |
Summary: Avon housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 18%, 3 bedroom homes decreased by 0.7%, 4 bedroom homes decreased by 2.5%, and 5+ bedroom homes increased by 3.9%.
Median Sold Price Compared To Nearby Cities
Brownsburg | $309.3K | $354.9K | +14.7% |
Lincoln Township | $306.7K | $315K | +2.7% |
Washington Township | $315.4K | $320.2K | +1.5% |
Plainfield | $309.5K | $306.8K | -0.8% |
Avon | $330.6K | $326.5K | -1.3% |
Housing Supply in Avon, IN
How many homes are available in Avon, IN?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
161 | 165 | +2.5% |
Summary: The Avon real estate market had 165 homes for sale in March 2024, a 2.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 13 | 14 | +7.7% |
3 Bedrooms | 66 | 76 | +15.2% |
4 Bedrooms | 61 | 59 | -3.3% |
5+ Bedrooms | 21 | 16 | -23.8% |
Summary: The Avon housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 7.7%, 3 bedroom homes increased by 15.2%, 4 bedroom homes decreased by 3.3%, and 5+ bedroom homes decreased by 23.8%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
46 | 53 | +15.2% |
Asking Price vs. Sold Price
31 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Summary: A total of 53 homes were sold or pending in Avon in March 2024, up by 15.2% month-over-month. Of the 53 sold homes, 58% were sold under asking, 17% were sold at asking, and 25% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
33 Days | 33 Days | +2.0% |
Summary: Homes in Avon had an average of 33 days on market in Mar 2024, up by 2% compared to last year.
Breakdown of Home Sale Times
33 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During March 2024, 53 homes were sold in Avon; 62% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.