Is Henry County, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Henry County has remained a Seller's Market.
Housing Prices in Henry County, IN
How much do homes in Henry County, IN cost?
Median Sold Price
$151,500
$90/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Henry County was $151,500 in March 2024, up 12.2% from last year, and the median price per square foot was $90.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $127K | $97.5K | -23.2% |
2 Bedrooms | $84K | $100K | +19.0% |
3 Bedrooms | $154.9K | $160K | +3.3% |
4 Bedrooms | $185K | $204K | +10.3% |
5+ Bedrooms | $212.5K | $280K | +31.8% |
Summary: Henry County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 23.2%, 2 bedroom homes increased by 19%, 3 bedroom homes increased by 3.3%, 4 bedroom homes increased by 10.3%, and 5+ bedroom homes increased by 31.8%.
Median Sold Price Compared To Nearby Counties
Henry County | $134.9K | $151.5K | +12.2% |
Delaware County | $143.1K | $144.9K | +1.3% |
Hancock County | $334.7K | $336.8K | +0.6% |
Randolph County | $141.5K | $123.5K | -12.7% |
Housing Supply in Henry County, IN
How many homes are available in Henry County, IN?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
175 | 198 | +13.1% |
Summary: The Henry County real estate market had 198 homes for sale in March 2024, a 13.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 3 | +200.0% |
2 Bedrooms | 46 | 56 | +21.7% |
3 Bedrooms | 80 | 88 | +10.0% |
4 Bedrooms | 34 | 33 | -2.9% |
5+ Bedrooms | 14 | 18 | +28.6% |
Summary: The Henry County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes increased by 21.7%, 3 bedroom homes increased by 10%, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes increased by 28.6%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
39 | 41 | +5.1% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Summary: A total of 41 homes were sold or pending in Henry County in March 2024, up by 5.1% month-over-month. Of the 41 sold homes, 39% were sold under asking, 24% were sold at asking, and 37% were sold over asking.
Days on Market for Henry County, IN
How long does it take to sell a home in Henry County, IN?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
28 Days | 36 Days | +28.6% |
Summary: Homes in Henry County had an average of 36 days on market in Mar 2024, up by 28.6% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During March 2024, 41 homes were sold in Henry County; 51% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.