Is Brownsburg, 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, Brownsburg has remained a Seller's Market.
Housing Prices in Brownsburg, IN
How much do homes in Brownsburg, IN cost?
Median Sold Price
$354,966
$158/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Brownsburg was $354,966 in March 2024, up 14.7% from last year, and the median price per square foot was $158.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $100K | N/A |
2 Bedrooms | $217K | $253.5K | +16.8% |
3 Bedrooms | $280K | $300K | +7.1% |
4 Bedrooms | $376K | $416.9K | +10.9% |
5+ Bedrooms | $445K | $469K | +5.4% |
Summary: Brownsburg 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 increased by 16.8%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 10.9%, and 5+ bedroom homes increased by 5.4%.
Median Sold Price Compared To Nearby Cities
Brownsburg | $309.3K | $354.9K | +14.7% |
Brown Township | $390K | $413.7K | +6.1% |
Pittsboro | $330K | $349.9K | +6.0% |
Middle Township | $337.5K | $347K | +2.8% |
Lincoln Township | $306.7K | $315K | +2.7% |
Housing Supply in Brownsburg, IN
How many homes are available in Brownsburg, IN?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
130 | 121 | -6.9% |
Summary: The Brownsburg real estate market had 121 homes for sale in March 2024, a 6.9% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 17 | 17 | 0.0% |
3 Bedrooms | 51 | 47 | -7.8% |
4 Bedrooms | 45 | 38 | -15.6% |
5+ Bedrooms | 17 | 19 | +11.8% |
Summary: The Brownsburg housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 7.8%, 4 bedroom homes decreased by 15.6%, and 5+ bedroom homes increased by 11.8%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
42 | 35 | -16.7% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 35 homes were sold or pending in Brownsburg in March 2024, down by 16.7% month-over-month. Of the 35 sold homes, 51% were sold under asking, 31% were sold at asking, and 17% were sold over asking.
Days on Market for Brownsburg, IN
How long does it take to sell a home in Brownsburg, IN?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
45 Days | 35 Days | -21.4% |
Summary: Homes in Brownsburg had an average of 35 days on market in Mar 2024, down by 21.4% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During March 2024, 35 homes were sold in Brownsburg; 54% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.