Is Blackford County, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Blackford County is a seller's market

Buyer's
Market

Difference Since May 2022

At the same time last year, Blackford County was a Buyer's Market.

Key Takeaway

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

How much do homes in Blackford County, IN cost?

Median Sold Price

$96,700

$64/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2022

-$28,300(-22.6%)

Key Takeaway

Homes in Blackford County have sold for 22.6% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2022May 2023%
1 -$28K
N/A
2 $63.5K$69K
+8.7%
3 $106.4K$110K
+3.3%
4 $200K$199.9K
-0.1%
5+ $198.7K$235K
+18.3%

Median Sold Price Compared To Nearby Counties

Delaware County
+2.6%
Blackford County
-22.6%

How many homes are available in Blackford County, IN?

Number of Homes For Sale

Apr 2023May 2023%
30300.0%

Homes For Sale By Bedroom Count

# BEDSApr 2023May 2023%
1 00
0.0%
2 76
-14.3%
3 1412
-14.3%
4 811
+37.5%
5+ 11
0.0%

Number of Homes Sold

Apr 2023May 2023%
127-41.7%

Asking Price vs. Sold Price

5 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 Blackford County, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.

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

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

Average Sale Time

May 2022May 2023%
58 Days44 Days-24.8%

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Blackford County has remained consistent over time.

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

What housing markets are near Blackford County, IN?

About Blackford County, IN

Blackford County, IN has 30 homes on the market. Listings spent 44 days on the market in May 2023, and had a median list price of $96,700 during the same period. This housing market listing prices have changed between April 2023 and May 2023: prices of 1 bedroom properties went up by 0%, the cost of 2 bedrooms properties went up by 8.7%, prices of 3 bedrooms properties increased by 3.3%, prices of 4 bedrooms properties decreased by 0.1%, the cost of 5 bedrooms properties went up by 18.3%. Housing inventory have changed in this real estate market: 1 bedroom homes inventory did not change, volume of 2 bedrooms homes went down by 14.3%, volume of 3 bedrooms homes went down by 14.3%, 4 bedrooms homes became 37.5% more available, the quantity of 5 bedrooms homes have not changed. Blackford County, IN housing market in May 2023 saw over 1 listings sold above listed price, more than 1 sold at listed price and over 5 sold below.