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 June 2023

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.

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

+$14,500(+7.6%)

Key Takeaway

Homes in Decatur County have sold for 7.6% more than they did a year ago.

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

# BEDSJun 2023Jun 2024CHANGE
1 $80K$100K
+25.0%
2 $132K$150K
+13.6%
3 $199.1K$205K
+3.0%
4 $238K$325.9K
+37.0%
5+ $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
+9.8%
Decatur County
+7.6%
Bartholomew County
+4.1%
Ripley County
-5.8%
Rush County
-11.2%

Housing Supply in Decatur County, IN

How many homes are available in Decatur County, IN?

Number of Homes For Sale

May 2024Jun 2024CHANGE
8587+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

# BEDSMay 2024Jun 2024CHANGE
1 33
0.0%
2 154
-73.3%
3 4250
+19.0%
4 2122
+4.8%
5+ 48
+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 2024Jun 2024CHANGE
2919-34.5%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Decatur County, you may be able to get a good deal. 42.1% of homes here sold below asking price last month.

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 2023Jun 2024CHANGE
19 Days37 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

Breakdown of Home Sale Times

Key Takeaway

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

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.

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

Report Updated 26 Days Ago

Newest Listings in Decatur County, IN

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