Is Brownsburg, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brownsburg is a seller's market

Buyer's
Market

Difference Since November 2021

Since last year, Brownsburg has remained a Seller's Market.

Key Takeaway

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

How much do homes in Brownsburg, IN cost?

Median Sold Price

$300,000

$153/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$42,500(+16.5%)

Key Takeaway

Homes in Brownsburg have sold for 16.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $160K-
N/A
2 $184.9K$215K
+16.2%
3 $235K$280K
+19.1%
4 $310K$369.9K
+19.3%
5+ $370K$440K
+18.9%

Median Sold Price Compared To Nearby Cities

Pittsboro
+28.6%
Brown Township
+21.8%
Middle Township
+19.1%
Brownsburg
+16.5%
Lincoln Township
+16.3%

How many homes are available in Brownsburg, IN?

Number of Homes For Sale

Oct 2022Nov 2022%
10894-13.0%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 00
0.0%
2 1211
-8.3%
3 4737
-21.3%
4 4241
-2.4%
5+ 75
-28.6%

Number of Homes Sold

Oct 2022Nov 2022%
3240+25.0%

Asking Price vs. Sold Price

18 Homes Were Sold
Under Asking

14 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Brownsburg, you may be able to get a good deal. 45% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
10 Days22 Days+113.0%

Breakdown of Home Sale Times

29 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Brownsburg 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 Brownsburg, IN

Brownsburg, IN has 94 homes for sale to choose from. Between October 2022 and November 2022, Brownsburg, IN real estate market has seen decrease in the number of listings by 13%. Listings spent 22 days on the market in November 2022, and had a median list price of $300,000 during the same period. From October 2022 through November 2022, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties increased by 0%, the cost of 2 bedrooms properties went up by 16.2%, prices of 3 bedrooms properties went up by 19.1%, the cost of 4 bedrooms properties went up by 19.3%, 5 bedrooms properties became 18.9% more expensive. The following changes in the number of homes for sale were observed in this housing market: the quantity of 1 bedroom homes have not changed, 2 bedrooms homes became 8.3% less available, number of 3 bedrooms homes decreased by 21.3%, volume of 4 bedrooms homes went down by 2.4%, 5 bedrooms homes inventory decreased by 28.6%. While more than 8 listings in Brownsburg, IN in November 2022 were sold above asking price, there were more than 14 listings sold at asking price, and more than 18 were sold below.

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