Is Decatur County, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Decatur County has remained a Seller's Market.
Housing Prices in Decatur County, IN
How much do homes in Decatur County, IN cost?
Median Sold Price
$205,000
$132/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Decatur County was $205,000 in June 2024, up 7.6% from last year, and the median price per square foot was $132.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $80K | $100K | +25.0% |
2 Bedrooms | $132K | $150K | +13.6% |
3 Bedrooms | $199.1K | $205K | +3.0% |
4 Bedrooms | $238K | $325.9K | +37.0% |
5+ Bedrooms | $362.5K | $325K | -10.3% |
Summary: Decatur County housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 25%, 2 bedroom homes increased by 13.6%, 3 bedroom homes increased by 3%, 4 bedroom homes increased by 37%, and 5+ bedroom homes decreased by 10.3%.
Median Sold Price Compared To Nearby Counties
Shelby County | $205K | $225K | +9.8% |
Decatur County | $190.5K | $205K | +7.6% |
Bartholomew County | $250K | $260.1K | +4.1% |
Ripley County | $306K | $288.2K | -5.8% |
Rush County | $165K | $146.5K | -11.2% |
Housing Supply in Decatur County, IN
How many homes are available in Decatur County, IN?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
85 | 87 | +2.4% |
Summary: The Decatur County real estate market had 87 homes for sale in June 2024, a 2.4% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 15 | 4 | -73.3% |
3 Bedrooms | 42 | 50 | +19.0% |
4 Bedrooms | 21 | 22 | +4.8% |
5+ Bedrooms | 4 | 8 | +100.0% |
Summary: The Decatur County housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 73.3%, 3 bedroom homes increased by 19%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
29 | 19 | -34.5% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 19 homes were sold or pending in Decatur County in June 2024, down by 34.5% month-over-month. Of the 19 sold homes, 42% were sold under asking, 32% were sold at asking, and 26% were sold over asking.
Days on Market for Decatur County, IN
How long does it take to sell a home in Decatur County, IN?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
19 Days | 37 Days | +91.5% |
Summary: Homes in Decatur County had an average of 37 days on market in Jun 2024, up by 91.5% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During June 2024, 19 homes were sold in Decatur County; 63% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.