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 buyer's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

Blackford County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Blackford County, IN

How much do homes in Blackford County, IN cost?

Median Sold Price

$103,750

$78/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$4,250(-3.9%)

Key Takeaway

Homes in Blackford County have sold for 3.9% less than they did a year ago.

Summary: The median home sold price in Blackford County was $103,750 in March 2024, down 3.9% from last year, and the median price per square foot was $78.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $28K-
N/A
2 $99K$45.4K
-54.1%
3 $110K$120K
+9.1%
4 $179.9K$259K
+44.0%
5+ $235K$300K
+27.7%

Summary: Blackford County 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 54.1%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 44%, and 5+ bedroom homes increased by 27.7%.

Median Sold Price Compared To Nearby Counties

Delaware County
+1.3%
Blackford County
-3.9%

Housing Supply in Blackford County, IN

How many homes are available in Blackford County, IN?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1529+93.3%

Summary: The Blackford County real estate market had 29 homes for sale in March 2024, a 93.3% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 01
+100.0%
2 37
+133.3%
3 815
+87.5%
4 24
+100.0%
5+ 22
0.0%

Summary: The Blackford County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 133.3%, 3 bedroom homes increased by 87.5%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were 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. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Blackford County in March 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Blackford County, IN

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

Average Sale Time

Mar 2023Mar 2024CHANGE
46 Days14 Days-70.0%

Summary: Homes in Blackford County had an average of 14 days on market in Mar 2024, down by 70% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 3 homes were sold in Blackford County; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 18 Days Ago

Newest Listings in Blackford County, IN

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