Is Brazil, 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, Brazil has remained a Seller's Market.
Housing Prices in Brazil, IN
How much do homes in Brazil, IN cost?
Median Sold Price
$150,750
$106/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Brazil was $150,750 in March 2024, up 10.8% from last year, and the median price per square foot was $106.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $137K | $132.9K | -3.0% |
3 Bedrooms | $134.9K | $155.2K | +15.1% |
4 Bedrooms | $238K | $192K | -19.3% |
5+ Bedrooms | $171.9K | $257.9K | +50.0% |
Summary: Brazil 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 3%, 3 bedroom homes increased by 15.1%, 4 bedroom homes decreased by 19.3%, and 5+ bedroom homes increased by 50%.
Median Sold Price Compared To Nearby Cities
Brazil | $136K | $150.7K | +10.8% |
Brazil Township | $136.5K | $150.7K | +10.4% |
Housing Supply in Brazil, IN
How many homes are available in Brazil, IN?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
27 | 24 | -11.1% |
Summary: The Brazil real estate market had 24 homes for sale in March 2024, a 11.1% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 5 | 10 | +100.0% |
3 Bedrooms | 16 | 8 | -50.0% |
4 Bedrooms | 5 | 5 | 0.0% |
5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Brazil 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 100%, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
10 | 7 | -30.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Brazil in March 2024, down by 30.0% month-over-month. Of the 7 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% were sold over asking.
Days on Market for Brazil, IN
How long does it take to sell a home in Brazil, IN?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
28 Days | 12 Days | -56.8% |
Summary: Homes in Brazil had an average of 12 days on market in Mar 2024, down by 56.8% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 7 homes were sold in Brazil; 86% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.