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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brown County is a buyer's market

Buyer's
Market

Difference Since February 2022

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

Key Takeaway

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

How much do homes in Brown County, IN cost?

Median Sold Price

$315,450

$160/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2022

+$30,450(+10.7%)

Key Takeaway

Homes in Brown County have sold for 10.7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSFeb 2022Feb 2023%
1 $162K$249K
+53.7%
2 $265K$277.6K
+4.8%
3 $285K$308K
+8.1%
4 $339.9K$345K
+1.5%
5+ $337K$940K
+178.9%

Median Sold Price Compared To Nearby Counties

Morgan County
+15.6%
Brown County
+10.7%
Johnson County
+9.4%
Bartholomew County
+6.5%

How many homes are available in Brown County, IN?

Number of Homes For Sale

Jan 2023Feb 2023%
4036-10.0%

Homes For Sale By Bedroom Count

# BEDSJan 2023Feb 2023%
1 32
-33.3%
2 109
-10.0%
3 2422
-8.3%
4 33
0.0%
5+ 00
0.0%

Number of Homes Sold

Jan 2023Feb 2023%
94-55.6%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Brown County, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Average Sale Time

Feb 2022Feb 2023%
90 Days38 Days-57.7%

Breakdown of Home Sale Times

2 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

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

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

About Brown County, IN

Homes for sale in Brown County, IN have reached 36. In February 2023 in Brown County, IN there were 10% less homes for sale than in January 2023. In February 2023, listings were on the market for 38 days. During the same period, the median list price in this real estate market was $315,450. This housing market listing prices have changed between January 2023 and February 2023: the cost of 1 bedroom properties went up by 53.7%, prices of 2 bedrooms properties increased by 4.8%, the cost of 3 bedrooms properties went up by 8.1%, prices of 4 bedrooms properties increased by 1.5%, prices of 5 bedrooms properties went up by 178.9%. Housing inventory have changed in this real estate market: number of 1 bedroom homes decreased by 33.3%, 2 bedrooms homes became 10% less available, 3 bedrooms homes inventory decreased by 8.3%, 4 bedrooms homes inventory did not change, 5 bedrooms homes inventory did not change. In February 2023 more than 2 listings in Brown County, IN were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 1 were sold below.

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