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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Knox County is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Knox County has remained a Seller's Market.

Key Takeaway

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

How much do homes in Knox County, IN cost?

Median Sold Price

$130,000

$87/sqft

Based on all homes sold in February 2023.

Difference Since Last Month

+$20,100(+18.3%)

Key Takeaway

Homes in Knox County have sold for 18.3% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSJan 2023Feb 2023%
1 --
N/A
2 $75K$82K
+9.3%
3 $170K$160.7K
-5.4%
4 $185K$335.9K
+81.6%
5+ $314K-
N/A

Median Sold Price Compared To Nearby Counties

Knox County
+18.3%
Gibson County
-8.0%
Daviess County
-15.0%
Pike County
-59.3%

How many homes are available in Knox County, IN?

Number of Homes For Sale

Jan 2023Feb 2023%
8488+4.8%

Homes For Sale By Bedroom Count

# BEDSJan 2023Feb 2023%
1 11
0.0%
2 3334
+3.0%
3 3534
-2.9%
4 1114
+27.3%
5+ 45
+25.0%

Number of Homes Sold

Jan 2023Feb 2023%
1723+35.3%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Knox County, you may be able to get a good deal. 52.9% of homes here sold below asking price last month.

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

About Knox County, IN

Knox County, IN has 88 homes on the market. The number of homes for sale in Knox County, IN increased by 4.8% between January 2023 and February 2023. From February 2022 through February 2023, the following changes in listing prices were observed in this housing market: 1 bedroom properties prices increased by 0%, prices of 2 bedrooms properties went up by 9.3%, prices of 3 bedrooms properties went down by 5.4%, the cost of 4 bedrooms properties went up by 81.6%, 5 bedrooms properties became 0% more expensive. Housing inventory have changed in this real estate market: number of 1 bedroom homes remained the same, the quantity of 2 bedrooms homes went up by 3%, 3 bedrooms homes inventory decreased by 2.9%, number of 4 bedrooms homes increased by 27.3%, number of 5 bedrooms homes increased by 25%. In February 2023 more than 4 listings in Knox County, IN were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 9 were sold below.

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