Is Crown Hill, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Crown Hill is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Crown Hill, IN

How much do homes in Crown Hill, IN cost?

Median Sold Price

$172,000

$85/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$32,000(+22.9%)

Key Takeaway

Homes in Crown Hill have sold for 22.9% more than they did a year ago.

Summary: The median home sold price in Crown Hill was $172,000 in April 2024, up 22.9% from last year, and the median price per square foot was $85.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $91.5K$128.4K
+40.4%
3 $158.7K$182K
+14.6%
4 $137.5K$178.5K
+29.8%
5+ $195.9K$260K
+32.7%

Summary: Crown Hill 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 40.4%, 3 bedroom homes increased by 14.6%, 4 bedroom homes increased by 29.8%, and 5+ bedroom homes increased by 32.7%.

Housing Supply in Crown Hill, IN

How many homes are available in Crown Hill, IN?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1821+16.7%

Summary: The Crown Hill real estate market had 21 homes for sale in April 2024, a 16.7% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 12
+100.0%
3 1313
0.0%
4 14
+300.0%
5+ 21
-50.0%

Summary: The Crown Hill 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 increased by 300%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Crown Hill, you could pay more than the asking price. 75% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in Crown Hill in April 2024, up by 33.3% month-over-month. Of the 4 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.

Days on Market for Crown Hill, IN

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

Average Sale Time

Apr 2023Apr 2024CHANGE
99 Days41 Days-58.6%

Summary: Homes in Crown Hill had an average of 41 days on market in Apr 2024, down by 58.6% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 4 homes were sold in Crown Hill; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% 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 19 Days Ago

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