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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Crawfordsville is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Crawfordsville, IN

How much do homes in Crawfordsville, IN cost?

Median Sold Price

$180,000

$106/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$25,000(+16.1%)

Key Takeaway

Homes in Crawfordsville have sold for 16.1% more than they did a year ago.

Summary: The median home sold price in Crawfordsville was $180,000 in March 2024, up 16.1% from last year, and the median price per square foot was $106.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $77.5K$52.5K
-32.3%
2 $144K$150K
+4.2%
3 $153K$196K
+28.1%
4 $190K$250K
+31.6%
5+ $217.5K$259.2K
+19.2%

Summary: Crawfordsville housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 32.3%, 2 bedroom homes increased by 4.2%, 3 bedroom homes increased by 28.1%, 4 bedroom homes increased by 31.6%, and 5+ bedroom homes increased by 19.2%.

Median Sold Price Compared To Nearby Cities

Crawfordsville
+16.1%
Union Township
+4.7%

Housing Supply in Crawfordsville, IN

How many homes are available in Crawfordsville, IN?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
9492-2.1%

Summary: The Crawfordsville real estate market had 92 homes for sale in March 2024, a 2.1% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 2521
-16.0%
3 4844
-8.3%
4 1622
+37.5%
5+ 55
0.0%

Summary: The Crawfordsville 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 decreased by 16%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes increased by 37.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
3025-16.7%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Crawfordsville, you may be able to get a good deal. 56% of homes here sold below asking price last month.

Summary: A total of 25 homes were sold or pending in Crawfordsville in March 2024, down by 16.7% month-over-month. Of the 25 sold homes, 56% were sold under asking, 24% were sold at asking, and 20% were sold over asking.

Days on Market for Crawfordsville, IN

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

Average Sale Time

Mar 2023Mar 2024CHANGE
49 Days41 Days-16.7%

Summary: Homes in Crawfordsville had an average of 41 days on market in Mar 2024, down by 16.7% compared to last year.

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 25 homes were sold in Crawfordsville; 60% of homes were sold within 30 days, 16% 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 27 Days Ago

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