Is Knightstown, 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, Knightstown has remained a Seller's Market.
Housing Prices in Knightstown, IN
How much do homes in Knightstown, IN cost?
Median Sold Price
$188,000
$93/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Knightstown was $188,000 in April 2024, up 28.3% from last year, and the median price per square foot was $93.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $25K | $151K | +504.0% |
2 Bedrooms | $129K | $155K | +20.2% |
3 Bedrooms | $162.9K | $175K | +7.4% |
4 Bedrooms | $150K | $250K | +66.7% |
5+ Bedrooms | $454.9K | $261K | -42.6% |
Summary: Knightstown housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 504%, 2 bedroom homes increased by 20.2%, 3 bedroom homes increased by 7.4%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes decreased by 42.6%.
Median Sold Price Compared To Nearby Cities
Knightstown | $146.5K | $188K | +28.3% |
Wayne Township | $153.4K | $175K | +14.0% |
Housing Supply in Knightstown, IN
How many homes are available in Knightstown, IN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
36 | 37 | +2.8% |
Summary: The Knightstown real estate market had 37 homes for sale in April 2024, a 2.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 19 | 16 | -15.8% |
3 Bedrooms | 9 | 10 | +11.1% |
4 Bedrooms | 2 | 5 | +150.0% |
5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Knightstown 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 decreased by 15.8%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 150%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 10 | +42.9% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Knightstown in April 2024, up by 42.9% month-over-month. Of the 10 sold homes, 40% were sold under asking, 30% were sold at asking, and 30% were sold over asking.
Days on Market for Knightstown, IN
How long does it take to sell a home in Knightstown, IN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
60 Days | 54 Days | -9.5% |
Summary: Homes in Knightstown had an average of 54 days on market in Apr 2024, down by 9.5% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 10 homes were sold in Knightstown; 50% 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.