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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Howard County is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Howard County, IN

How much do homes in Howard County, IN cost?

Median Sold Price

$180,000

$105/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$10,000(+5.9%)

Key Takeaway

Homes in Howard County have sold for 5.9% more than they did a year ago.

Summary: The median home sold price in Howard County was $180,000 in March 2024, up 5.9% from last year, and the median price per square foot was $105.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $55K$149.9K
+172.5%
2 $73.7K$99.9K
+35.5%
3 $155K$175K
+12.9%
4 $234.1K$270K
+15.3%
5+ $353.2K$290K
-17.9%

Summary: Howard County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 172.5%, 2 bedroom homes increased by 35.5%, 3 bedroom homes increased by 12.9%, 4 bedroom homes increased by 15.3%, and 5+ bedroom homes decreased by 17.9%.

Median Sold Price Compared To Nearby Counties

Howard County
+5.9%
Tipton County
+5.4%

Housing Supply in Howard County, IN

How many homes are available in Howard County, IN?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
88149+69.3%

Summary: The Howard County real estate market had 149 homes for sale in March 2024, a 69.3% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 01
+100.0%
2 2022
+10.0%
3 4791
+93.6%
4 1527
+80.0%
5+ 68
+33.3%

Summary: The Howard County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 10%, 3 bedroom homes increased by 93.6%, 4 bedroom homes increased by 80%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1237+208.3%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Howard County, you may be able to get a good deal. 37.8% of homes here sold below asking price last month.

Summary: A total of 37 homes were sold or pending in Howard County in March 2024, up by 208.3% month-over-month. Of the 37 sold homes, 38% were sold under asking, 30% were sold at asking, and 32% were sold over asking.

Days on Market for Howard County, IN

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

Average Sale Time

Mar 2023Mar 2024CHANGE
48 Days23 Days-51.4%

Summary: Homes in Howard County had an average of 23 days on market in Mar 2024, down by 51.4% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 37 homes were sold in Howard County; 11% of homes were sold within 30 days, 5% of homes were sold within 30 to 90 days, and 0% 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

Newest Listings in Howard County, IN

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