Is Knox, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Knox is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Knox was a Buyer's Market.

Key Takeaway

Knox is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Knox, IN

How much do homes in Knox, IN cost?

Median Sold Price

$199,900

$108/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$110,100(-35.5%)

Key Takeaway

Homes in Knox have sold for 35.5% less than they did a month ago.

Summary: The median home sold price in Knox was $199,900 in April 2024, down 35.5% from last month, and the median price per square foot was $108.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 -$199.9K
N/A
4 --
N/A
5+ $310K-
N/A

Summary: Knox housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Knox, IN

How many homes are available in Knox, IN?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1322+69.2%

Summary: The Knox real estate market had 22 homes for sale in April 2024, a 69.2% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 917
+88.9%
4 00
0.0%
5+ 33
0.0%

Summary: The Knox 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 increased by 100%, 3 bedroom homes increased by 88.9%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
15+400.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Knox, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Knox in April 2024, up by 400.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.

Days on Market for Knox, IN

We’re sorry, we don't have information for this market at the moment

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

Report Updated 13 Days Ago

Newest Listings in Knox, IN

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