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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Henry County is a seller's market

Buyer's
Market

Difference Since May 2022

Since last year, Henry County has remained a Seller's Market.

Key Takeaway

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

How much do homes in Henry County, IN cost?

Median Sold Price

$135,000

$85/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2022

-$5,319(-3.8%)

Key Takeaway

Homes in Henry County have sold for 3.8% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2022May 2023%
1 $57.7K$120K
+107.9%
2 $82.3K$87.9K
+6.8%
3 $158K$149.9K
-5.1%
4 $215K$171K
-20.5%
5+ $167K$197.5K
+18.3%

Median Sold Price Compared To Nearby Counties

Hancock County
+12.6%
Delaware County
+2.6%
Randolph County
+1.4%
Henry County
-3.8%

How many homes are available in Henry County, IN?

Number of Homes For Sale

Apr 2023May 2023%
181190+5.0%

Homes For Sale By Bedroom Count

# BEDSApr 2023May 2023%
1 20
-100.0%
2 3849
+28.9%
3 9087
-3.3%
4 3740
+8.1%
5+ 1414
0.0%

Number of Homes Sold

Apr 2023May 2023%
6280+29.0%

Asking Price vs. Sold Price

34 Homes Were Sold
Under Asking

15 Homes Were Sold
At Asking

28 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Henry County, you may be able to get a good deal. 44.2% of homes here sold below asking price last month.

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

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

Average Sale Time

May 2022May 2023%
15 Days29 Days+90.3%

Breakdown of Home Sale Times

30 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

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

What housing markets are near Henry County, IN?

About Henry County, IN

Homes for sale in Henry County, IN have reached 190. The number of listings in Henry County, IN increased by 5% between April 2023 and May 2023. In May 2023 median list price was $135,000 and the average listing age was 29 days. Listing prices have changed in this real estate market between April 2023 and May 2023: prices of 1 bedroom properties increased by 107.9%, prices of 2 bedrooms properties went up by 6.8%, the cost of 3 bedrooms properties went down by 5.1%, 4 bedrooms properties became 20.5% more cheaper, prices of 5 bedrooms properties increased by 18.3%. Housing inventory have changed in this real estate market: the quantity of 1 bedroom homes went down by 100%, number of 2 bedrooms homes increased by 28.9%, number of 3 bedrooms homes decreased by 3.3%, volume of 4 bedrooms homes went up by 8.1%, 5 bedrooms homes inventory did not change. Over 28 listings were sold over their listed price in May 2023 in Henry County, IN. In the same period over 34 listings were sold below the listed price and 15 listings were sold for the listed price.