Is Far Eastside, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Far Eastside has remained a Seller's Market.
Housing Prices in Far Eastside, IN
How much do homes in Far Eastside, IN cost?
Median Sold Price
$174,000
$118/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Far Eastside was $174,000 in April 2024, up 3.6% from last year, and the median price per square foot was $118.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $16.2K | - | N/A |
2 Bedrooms | $75.5K | $89K | +17.8% |
3 Bedrooms | $163K | $164K | +0.6% |
4 Bedrooms | $203K | $206.2K | +1.6% |
5+ Bedrooms | $198K | $262.4K | +32.6% |
Summary: Far Eastside 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 17.8%, 3 bedroom homes increased by 0.6%, 4 bedroom homes increased by 1.6%, and 5+ bedroom homes increased by 32.6%.
Housing Supply in Far Eastside, IN
How many homes are available in Far Eastside, IN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
122 | 106 | -13.1% |
Summary: The Far Eastside real estate market had 106 homes for sale in April 2024, a 13.1% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 2 | -33.3% |
3 Bedrooms | 88 | 79 | -10.2% |
4 Bedrooms | 28 | 22 | -21.4% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Far Eastside 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 decreased by 33.3%, 3 bedroom homes decreased by 10.2%, 4 bedroom homes decreased by 21.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
38 | 42 | +10.5% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Summary: A total of 42 homes were sold or pending in Far Eastside in April 2024, up by 10.5% month-over-month. Of the 42 sold homes, 48% were sold under asking, 19% were sold at asking, and 33% were sold over asking.
Days on Market for Far Eastside, IN
How long does it take to sell a home in Far Eastside, IN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
35 Days | 34 Days | -3.4% |
Summary: Homes in Far Eastside had an average of 34 days on market in Apr 2024, down by 3.4% compared to last year.
Breakdown of Home Sale Times
27 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During April 2024, 42 homes were sold in Far Eastside; 64% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.