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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing DeKalb County is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, DeKalb County has remained a Seller's Market.

Key Takeaway

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

How much do homes in DeKalb County, IN cost?

Median Sold Price

$181,450

$129/sqft

Based on all homes sold in February 2023.

Difference Since Last Month

+$11,450(+6.7%)

Key Takeaway

Homes in DeKalb County have sold for 6.7% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSJan 2023Feb 2023%
1 -$86.5K
N/A
2 $132.9K$77.5K
-41.7%
3 $177.5K$185K
+4.2%
4 $189.5K$156.5K
-17.4%
5+ $330K$1.1M
+248.8%

Median Sold Price Compared To Nearby Counties

Allen County
+9.2%
DeKalb County
+6.7%
Noble County
-5.7%
Steuben County
-7.7%

How many homes are available in DeKalb County, IN?

Number of Homes For Sale

Jan 2023Feb 2023%
9987-12.1%

Homes For Sale By Bedroom Count

# BEDSJan 2023Feb 2023%
1 12
+100.0%
2 43
-25.0%
3 6761
-9.0%
4 2217
-22.7%
5+ 54
-20.0%

Number of Homes Sold

Jan 2023Feb 2023%
2728+3.7%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in DeKalb County, you may be able to get a good deal. 46.4% of homes here sold below asking price last month.

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

About DeKalb County, IN

DeKalb County, IN has 87 homes for sale to choose from. The inventory of homes for sale in DeKalb County, IN between January 2023 and February 2023 decreased by 12.1%. Listing prices have changed in this real estate market between February 2022 and February 2023: prices of 1 bedroom properties went up by 0%, 2 bedrooms properties became 41.7% more cheaper, prices of 3 bedrooms properties increased by 4.2%, 4 bedrooms properties became 17.4% more cheaper, 5 bedrooms properties prices increased by 248.8%. This housing market inventory have changed: 1 bedroom homes inventory increased by 100%, volume of 2 bedrooms homes went down by 25%, the quantity of 3 bedrooms homes went down by 9%, volume of 4 bedrooms homes went down by 22.7%, volume of 5 bedrooms homes went down by 20%. Over 6 listings were sold over their listed price in February 2023 in DeKalb County, IN. In the same period over 13 listings were sold below the listed price and 9 listings were sold for the listed price.

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