Is Cicero, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Cicero has remained a Seller's Market.
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
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
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $550K | - | N/A |
2 Bedrooms | $232.5K | $320K | +37.6% |
3 Bedrooms | $277K | $299K | +7.9% |
4 Bedrooms | $425K | $449.7K | +5.8% |
5+ Bedrooms | $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 | $305K | $375K | +23.0% |
Jackson Township | $299.9K | $345.5K | +15.2% |
Housing Supply in Cicero, IN
How many homes are available in Cicero, IN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
24 | 22 | -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
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 5 | 5 | 0.0% |
3 Bedrooms | 11 | 10 | -9.1% |
4 Bedrooms | 3 | 3 | 0.0% |
5+ Bedrooms | 5 | 3 | -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 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 5 | -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
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 2023 | Apr 2024 | CHANGE |
---|---|---|
11 Days | 29 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
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.