Is Gosport, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Gosport is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Gosport, IN

How much do homes in Gosport, IN cost?

Median Sold Price

$295,000

$171/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$133,500(-31.2%)

Key Takeaway

Homes in Gosport have sold for 31.2% less than they did a month ago.

Summary: The median home sold price in Gosport was $295,000 in April 2024, down 31.2% from last month, and the median price per square foot was $171.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 -$92.5K
N/A
3 $415K$320K
-22.9%
4 $442K-
N/A
5+ --
N/A

Summary: Gosport housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 22.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Gosport, IN

How many homes are available in Gosport, IN?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
770.0%

Summary: The Gosport real estate market had 7 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 22
0.0%
3 32
-33.3%
4 12
+100.0%
5+ 11
0.0%

Summary: The Gosport 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 remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Gosport, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Gosport in April 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Gosport, IN

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

Average Sale Time

Mar 2024Apr 2024CHANGE
245 Days189 Days-22.9%

Summary: Homes in Gosport had an average of 189 days on market in Apr 2024, down by 22.9% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Gosport are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2024, 3 homes were sold in Gosport; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% 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 18 Days Ago

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