Is Decatur County, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Decatur County is a seller's market

Buyer's
Market

Difference Since February 2022

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

Key Takeaway

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

How much do homes in Decatur County, IN cost?

Median Sold Price

$192,000

$116/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2022

+$17,000(+9.7%)

Key Takeaway

Homes in Decatur County have sold for 9.7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSFeb 2022Feb 2023%
1 $32.5K$112K
+244.6%
2 $132.5K$135K
+1.9%
3 $175.5K$195K
+11.1%
4 $249K$337K
+35.3%
5+ $314.5K$416.6K
+32.5%

Median Sold Price Compared To Nearby Counties

Shelby County
+13.9%
Rush County
+10.8%
Decatur County
+9.7%
Bartholomew County
+6.5%

How many homes are available in Decatur County, IN?

Number of Homes For Sale

Jan 2023Feb 2023%
5951-13.6%

Homes For Sale By Bedroom Count

# BEDSJan 2023Feb 2023%
1 11
0.0%
2 139
-30.8%
3 3635
-2.8%
4 54
-20.0%
5+ 42
-50.0%

Number of Homes Sold

Jan 2023Feb 2023%
1911-42.1%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Decatur County, you may be able to get a good deal. 72.7% of homes here sold below asking price last month.

Average Sale Time

Feb 2022Feb 2023%
43 Days60 Days+39.3%

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

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

About Decatur County, IN

Homes for sale in Decatur County, IN have reached 51. The inventory of homes for sale in Decatur County, IN between January 2023 and February 2023 decreased by 13.6%. In February 2023, listings were on the market for 60 days. During the same period, the median list price in this real estate market was $192,000. This housing market listing prices have changed between January 2023 and February 2023: prices of 1 bedroom properties went up by 244.6%, 2 bedrooms properties prices increased by 1.9%, the cost of 3 bedrooms properties went up by 11.1%, prices of 4 bedrooms properties increased by 35.3%, prices of 5 bedrooms properties increased by 32.5%. Volume of homes for sale in this real estate market have seen the following changes: the quantity of 1 bedroom homes have not changed, volume of 2 bedrooms homes went down by 30.8%, 3 bedrooms homes became 2.8% less available, 4 bedrooms homes became 20% less available, volume of 5 bedrooms homes went down by 50%. Decatur County, IN housing market in February 2023 saw over 1 listings sold above listed price, more than 2 sold at listed price and over 8 sold below.

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