Is East Warren, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing East Warren is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, East Warren has remained a Seller's Market.

Key Takeaway

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

Housing Prices in East Warren, IN

How much do homes in East Warren, IN cost?

Median Sold Price

$205,000

$127/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$3,000(+1.5%)

Key Takeaway

Homes in East Warren have sold for 1.5% more than they did a year ago.

Summary: The median home sold price in East Warren was $205,000 in April 2024, up 1.5% from last year, and the median price per square foot was $127.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $90K-
N/A
2 $165K$169.4K
+2.7%
3 $201K$210K
+4.5%
4 $233K$227K
-2.6%
5+ $245K$250K
+2.0%

Summary: East Warren 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 2.7%, 3 bedroom homes increased by 4.5%, 4 bedroom homes decreased by 2.6%, and 5+ bedroom homes increased by 2%.

Housing Supply in East Warren, IN

How many homes are available in East Warren, IN?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
7367-8.2%

Summary: The East Warren real estate market had 67 homes for sale in April 2024, a 8.2% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 810
+25.0%
3 4440
-9.1%
4 1915
-21.1%
5+ 22
0.0%

Summary: The East Warren 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 25%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes decreased by 21.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
2519-24.0%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in East Warren, you may be able to get a good deal. 52.6% of homes here sold below asking price last month.

Summary: A total of 19 homes were sold or pending in East Warren in April 2024, down by 24.0% month-over-month. Of the 19 sold homes, 53% were sold under asking, 37% were sold at asking, and 11% were sold over asking.

Days on Market for East Warren, IN

How long does it take to sell a home in East Warren, IN?

Average Sale Time

Apr 2023Apr 2024CHANGE
21 Days20 Days-4.9%

Summary: Homes in East Warren had an average of 20 days on market in Apr 2024, down by 4.9% compared to last year.

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 19 homes were sold in East Warren; 79% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 5% 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 7 Days Ago

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