Is Connersville, 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, Connersville has remained a Seller's Market.
Housing Prices in Connersville, IN
How much do homes in Connersville, IN cost?
Median Sold Price
$148,500
$93/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Connersville was $148,500 in April 2024, up 10% from last year, and the median price per square foot was $93.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $70K | $47.5K | -32.1% |
3 Bedrooms | $137.5K | $160K | +16.4% |
4 Bedrooms | $200.9K | $145K | -27.9% |
5+ Bedrooms | $150K | $530K | +253.3% |
Summary: Connersville 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 decreased by 32.1%, 3 bedroom homes increased by 16.4%, 4 bedroom homes decreased by 27.9%, and 5+ bedroom homes increased by 253.3%.
Median Sold Price Compared To Nearby Cities
Connersville | $135K | $148.5K | +10.0% |
Connersville Township | $150K | $148.5K | -1.0% |
Housing Supply in Connersville, IN
How many homes are available in Connersville, IN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
11 | 11 | 0.0% |
Summary: The Connersville real estate market had 11 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 1 | +100.0% |
3 Bedrooms | 7 | 7 | 0.0% |
4 Bedrooms | 4 | 3 | -25.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Connersville housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 3 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Connersville in April 2024, the same as the previous month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Connersville, IN
How long does it take to sell a home in Connersville, IN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
101 Days | 54 Days | -46.2% |
Summary: Homes in Connersville had an average of 54 days on market in Apr 2024, down by 46.2% compared to last year.
Breakdown of Home Sale Times
2 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, 3 homes were sold in Connersville; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.