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 September 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

$192,500

$124/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$11,000(+6.1%)

Key Takeaway

Homes in Howard County have sold for 6.1% more than they did a year ago.

Summary: The median home sold price in Howard County was $192,500 in September 2024, up 6.1% from last year, and the median price per square foot was $124.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $55K$80K
+45.5%
2 $97.4K$117.9K
+21.0%
3 $175K$185K
+5.7%
4 $202K$296K
+46.5%
5+ $348.5K$352.4K
+1.1%

Summary: Howard County housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 45.5%, 2 bedroom homes increased by 21%, 3 bedroom homes increased by 5.7%, 4 bedroom homes increased by 46.5%, and 5+ bedroom homes increased by 1.1%.

Median Sold Price Compared To Nearby Counties

Tipton County
+16.2%
Howard County
+6.1%

Housing Supply in Howard County, IN

How many homes are available in Howard County, IN?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
275349+26.9%

Summary: The Howard County real estate market had 349 homes for sale in September 2024, a 26.9% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 11
0.0%
2 4361
+41.9%
3 151188
+24.5%
4 6880
+17.6%
5+ 1219
+58.3%

Summary: The Howard County housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 41.9%, 3 bedroom homes increased by 24.5%, 4 bedroom homes increased by 17.6%, and 5+ bedroom homes increased by 58.3%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
5894+62.1%

Asking Price vs. Sold Price

38 Homes Were Sold
Under Asking

26 Homes Were Sold
At Asking

29 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. 40.9% of homes here sold below asking price last month.

Summary: A total of 94 homes were sold or pending in Howard County in September 2024, up by 62.1% month-over-month. Of the 93 sold homes, 41% were sold under asking, 28% were sold at asking, and 31% 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

Sep 2023Sep 2024CHANGE
17 Days10 Days-41.9%

Summary: Homes in Howard County had an average of 10 days on market in Sep 2024, down by 41.9% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

0 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 September 2024, 94 homes were sold in Howard County; 6% of homes were sold within 30 days, 0% 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 24 Days Ago

Newest Listings in Howard County, IN

Nearby Markets to Howard County, IN

What housing markets are near Howard County, IN?