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 Last Month

Since last month, 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

$188,629

$123/sqft

Based on all homes sold in June 2024.

Difference Since Last Month

+$3,929(+2.1%)

Key Takeaway

Homes in Howard County have sold for 2.1% more than they did a month ago.

Summary: The median home sold price in Howard County was $188,629 in June 2024, up 2.1% from last month, and the median price per square foot was $123.

Median Sold Price By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 -$80K
N/A
2 $80K$73K
-8.8%
3 $184.7K$188.6K
+2.1%
4 $187K$345K
+84.5%
5+ -$676K
N/A

Summary: Howard County housing prices by bedroom type for June 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 8.8%, 3 bedroom homes increased by 2.1%, 4 bedroom homes increased by 84.5%, and 5+ bedroom homes did not change.

Housing Supply in Howard County, IN

How many homes are available in Howard County, IN?

Number of Homes For Sale

May 2024Jun 2024CHANGE
99146+47.5%

Summary: The Howard County real estate market had 146 homes for sale in June 2024, a 47.5% increase compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 01
+100.0%
2 1322
+69.2%
3 5977
+30.5%
4 2542
+68.0%
5+ 24
+100.0%

Summary: The Howard County housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 69.2%, 3 bedroom homes increased by 30.5%, 4 bedroom homes increased by 68%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

May 2024Jun 2024CHANGE
2040+100.0%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

18 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Howard County, you could pay more than the asking price. 45% of homes here sold above asking price last month.

Summary: A total of 40 homes were sold or pending in Howard County in June 2024, up by 100.0% month-over-month. Of the 40 sold homes, 35% were sold under asking, 20% were sold at asking, and 45% 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

May 2024Jun 2024CHANGE
42 Days45 Days+7.7%

Summary: Homes in Howard County had an average of 45 days on market in Jun 2024, up by 7.7% compared to last month.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

3 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 June 2024, 40 homes were sold in Howard County; 13% of homes were sold within 30 days, 5% of homes were sold within 30 to 90 days, and 8% 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 24 Days Ago

Newest Listings in Howard County, IN

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