Is Avon, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 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
$330,000
$150/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Avon was $330,000 in April 2024, up 0.9% from last year, and the median price per square foot was $150.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $127K | N/A |
2 Bedrooms | $270K | $247.9K | -8.2% |
3 Bedrooms | $289.4K | $291.6K | +0.8% |
4 Bedrooms | $373.8K | $365K | -2.4% |
5+ Bedrooms | $421K | $439.9K | +4.5% |
Summary: Avon housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 8.2%, 3 bedroom homes increased by 0.8%, 4 bedroom homes decreased by 2.4%, and 5+ bedroom homes increased by 4.5%.
Median Sold Price Compared To Nearby Cities
Brownsburg | $310K | $359.9K | +16.1% |
Lincoln Township | $305.4K | $317.7K | +4.0% |
Washington Township | $315K | $322.5K | +2.4% |
Avon | $327K | $330K | +0.9% |
Plainfield | $310K | $309.5K | -0.2% |
Housing Supply in Avon, IN
How many homes are available in Avon, IN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
180 | 166 | -7.8% |
Summary: The Avon real estate market had 166 homes for sale in April 2024, a 7.8% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 14 | 14 | 0.0% |
3 Bedrooms | 82 | 76 | -7.3% |
4 Bedrooms | 66 | 57 | -13.6% |
5+ Bedrooms | 18 | 19 | +5.6% |
Summary: The Avon 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 7.3%, 4 bedroom homes decreased by 13.6%, and 5+ bedroom homes increased by 5.6%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
58 | 52 | -10.3% |
Asking Price vs. Sold Price
29 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Summary: A total of 52 homes were sold or pending in Avon in April 2024, down by 10.3% month-over-month. Of the 52 sold homes, 56% were sold under asking, 21% were sold at asking, and 23% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
46 Days | 38 Days | -17.0% |
Summary: Homes in Avon had an average of 38 days on market in Apr 2024, down by 17% compared to last year.
Breakdown of Home Sale Times
34 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During April 2024, 52 homes were sold in Avon; 65% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.