Is Howard 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, Howard County has remained a Seller's Market.
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
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
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $55K | $149.9K | +172.5% |
2 Bedrooms | $73.7K | $99.9K | +35.5% |
3 Bedrooms | $155K | $175K | +12.9% |
4 Bedrooms | $234.1K | $270K | +15.3% |
5+ Bedrooms | $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 | $170K | $180K | +5.9% |
Tipton County | $175.5K | $185K | +5.4% |
Housing Supply in Howard County, IN
How many homes are available in Howard County, IN?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
88 | 149 | +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
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 20 | 22 | +10.0% |
3 Bedrooms | 47 | 91 | +93.6% |
4 Bedrooms | 15 | 27 | +80.0% |
5+ Bedrooms | 6 | 8 | +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 2024 | Mar 2024 | CHANGE |
---|---|---|
12 | 37 | +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
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 2023 | Mar 2024 | CHANGE |
---|---|---|
48 Days | 23 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
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.