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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cicero is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Cicero, IN

How much do homes in Cicero, IN cost?

Median Sold Price

$375,000

$182/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$70,000(+23.0%)

Key Takeaway

Homes in Cicero have sold for 23% more than they did a year ago.

Summary: The median home sold price in Cicero was $375,000 in April 2024, up 23% from last year, and the median price per square foot was $182.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $550K-
N/A
2 $232.5K$320K
+37.6%
3 $277K$299K
+7.9%
4 $425K$449.7K
+5.8%
5+ $454.6K$862K
+89.6%

Summary: Cicero housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 37.6%, 3 bedroom homes increased by 7.9%, 4 bedroom homes increased by 5.8%, and 5+ bedroom homes increased by 89.6%.

Median Sold Price Compared To Nearby Cities

Cicero
+23.0%
Jackson Township
+15.2%

Housing Supply in Cicero, IN

How many homes are available in Cicero, IN?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2422-8.3%

Summary: The Cicero real estate market had 22 homes for sale in April 2024, a 8.3% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 01
+100.0%
2 55
0.0%
3 1110
-9.1%
4 33
0.0%
5+ 53
-40.0%

Summary: The Cicero housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 9.1%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 40%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
65-16.7%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cicero, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Cicero in April 2024, down by 16.7% month-over-month. Of the 5 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% were sold over asking.

Days on Market for Cicero, IN

How long does it take to sell a home in Cicero, IN?

Average Sale Time

Apr 2023Apr 2024CHANGE
11 Days29 Days+163.6%

Summary: Homes in Cicero had an average of 29 days on market in Apr 2024, up by 163.6% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 5 homes were sold in Cicero; 80% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.

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

Report Updated 8 Days Ago

Newest Listings in Cicero, IN

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