Is Chatham Arch & Mass. Ave., IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Chatham Arch & Mass. Ave. was a Buyer's Market.
Housing Prices in Chatham Arch & Mass. Ave., IN
How much do homes in Chatham Arch & Mass. Ave., IN cost?
Median Sold Price
$383,000
$303/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Chatham Arch & Mass. Ave. was $383,000 in March 2024, down 10.2% from last year, and the median price per square foot was $303.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $280K | $335K | +19.6% |
2 Bedrooms | $385K | $372.5K | -3.2% |
3 Bedrooms | $747.2K | $762.5K | +2.0% |
4 Bedrooms | - | $1.0M | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Chatham Arch & Mass. Ave. housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19.6%, 2 bedroom homes decreased by 3.2%, 3 bedroom homes increased by 2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
College Corner | $406.5K | $600K | +47.6% |
Lockerbie Square | $365K | $465K | +27.4% |
Downtown | $361.2K | $372.5K | +3.1% |
Chatham Arch & Mass. Ave. | $426.6K | $383K | -10.2% |
Housing Supply in Chatham Arch & Mass. Ave., IN
How many homes are available in Chatham Arch & Mass. Ave., IN?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
27 | 26 | -3.7% |
Summary: The Chatham Arch & Mass. Ave. real estate market had 26 homes for sale in March 2024, a 3.7% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 4 | 0.0% |
2 Bedrooms | 14 | 14 | 0.0% |
3 Bedrooms | 6 | 6 | 0.0% |
4 Bedrooms | 3 | 2 | -33.3% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Chatham Arch & Mass. Ave. 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 remained the same, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
5 | 6 | +20.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Chatham Arch & Mass. Ave. in March 2024, up by 20.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 0% were sold at asking, and 17% were sold over asking.
Days on Market for Chatham Arch & Mass. Ave., IN
How long does it take to sell a home in Chatham Arch & Mass. Ave., IN?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
26 Days | 32 Days | +25.0% |
Summary: Homes in Chatham Arch & Mass. Ave. had an average of 32 days on market in Mar 2024, up by 25% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 6 homes were sold in Chatham Arch & Mass. Ave.; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.