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.

How much do homes in Howard County, IN cost?

Median Sold Price

$139,750

$94/sqft

Based on all homes sold in February 2023.

Difference Since Last Month

+$19,850(+16.6%)

Key Takeaway

Homes in Howard County have sold for 16.6% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSJan 2023Feb 2023%
1 -$39K
N/A
2 $63.2K$88K
+39.3%
3 $119.9K$149.9K
+25.0%
4 $212K$214K
+0.9%
5+ $315.9K$150K
-52.5%

Median Sold Price Compared To Nearby Counties

Grant County
+35.5%
Howard County
+16.6%
Cass County
-11.0%
Miami County
-13.7%

How many homes are available in Howard County, IN?

Number of Homes For Sale

Jan 2023Feb 2023%
281284+1.1%

Homes For Sale By Bedroom Count

# BEDSJan 2023Feb 2023%
1 33
0.0%
2 4953
+8.2%
3 147151
+2.7%
4 7466
-10.8%
5+ 811
+37.5%

Number of Homes Sold

Jan 2023Feb 2023%
7395+30.1%

Asking Price vs. Sold Price

51 Homes Were Sold
Under Asking

22 Homes Were Sold
At Asking

21 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. 54.3% of homes here sold below asking price last month.

Average Sale Time

Jan 2023Feb 2023%
23 Days40 Days+71.6%

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Howard County, IN

Homes for sale in Howard County, IN have reached 284. The number of homes for sale in Howard County, IN increased by 1.1% between January 2023 and February 2023. Listings spent 40 days on the market in February 2023, and had a median list price of $139,750 during the same period. From February 2022 through February 2023, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties went up by 0%, the cost of 2 bedrooms properties went up by 39.3%, prices of 3 bedrooms properties increased by 25%, 4 bedrooms properties prices increased by 0.9%, the cost of 5 bedrooms properties went down by 52.5%. Volume of homes for sale changed: 1 bedroom homes did not move, 2 bedrooms homes inventory increased by 8.2%, number of 3 bedrooms homes increased by 2.7%, the quantity of 4 bedrooms homes went down by 10.8%, the quantity of 5 bedrooms homes went up by 37.5%. In February 2023 more than 21 listings in Howard County, IN were sold above the asking price. During the same period more than 22 listings were sold at asking price, while more than 51 were sold below.

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