Is I-65 / South Emerson, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, I-65 / South Emerson has remained a Seller's Market.
Housing Prices in I-65 / South Emerson, IN
How much do homes in I-65 / South Emerson, IN cost?
Median Sold Price
$245,000
$146/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in I-65 / South Emerson was $245,000 in April 2024, up 2.7% from last year, and the median price per square foot was $146.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $234.5K | - | N/A |
2 Bedrooms | $175K | $199K | +13.7% |
3 Bedrooms | $225.5K | $236.2K | +4.8% |
4 Bedrooms | $295K | $289.4K | -1.9% |
5+ Bedrooms | $379.9K | $390K | +2.6% |
Summary: I-65 / South Emerson housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 13.7%, 3 bedroom homes increased by 4.8%, 4 bedroom homes decreased by 1.9%, and 5+ bedroom homes increased by 2.6%.
Housing Supply in I-65 / South Emerson, IN
How many homes are available in I-65 / South Emerson, IN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
58 | 67 | +15.5% |
Summary: The I-65 / South Emerson real estate market had 67 homes for sale in April 2024, a 15.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 12 | 12 | 0.0% |
3 Bedrooms | 32 | 38 | +18.8% |
4 Bedrooms | 13 | 16 | +23.1% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The I-65 / South Emerson housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 18.8%, 4 bedroom homes increased by 23.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
15 | 15 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in I-65 / South Emerson in April 2024, the same as the previous month. Of the 15 sold homes, 20% were sold under asking, 47% were sold at asking, and 33% were sold over asking.
Days on Market for I-65 / South Emerson, IN
How long does it take to sell a home in I-65 / South Emerson, IN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
9 Days | 12 Days | +32.6% |
Summary: Homes in I-65 / South Emerson had an average of 12 days on market in Apr 2024, up by 32.6% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 15 homes were sold in I-65 / South Emerson; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.