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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing LaGrange County is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in LaGrange County, IN

How much do homes in LaGrange County, IN cost?

Median Sold Price

$237,500

$141/sqft

Based on all homes sold in February 2024.

The Median Sold Price hasn't changed since January 2024.

Key Takeaway

The sold price of homes in LaGrange County has remained the same since last month.

Summary: The median home sold price in LaGrange County was $237,500 in February 2024, the same as last month, and the median price per square foot was $141.

Median Sold Price By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 $237.5K-
N/A
2 $136K-
N/A
3 $242K$290K
+19.8%
4 $700K$207.5K
-70.4%
5+ $200K-
N/A

Summary: LaGrange County housing prices by bedroom type for February 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 increased by 19.8%, 4 bedroom homes decreased by 70.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

Steuben County
+11.7%
LaGrange County
0.0%
Noble County
-2.4%
Elkhart County
-19.1%

Housing Supply in LaGrange County, IN

How many homes are available in LaGrange County, IN?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
4448+9.1%

Summary: The LaGrange County real estate market had 48 homes for sale in February 2024, a 9.1% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 22
0.0%
2 88
0.0%
3 2124
+14.3%
4 910
+11.1%
5+ 44
0.0%

Summary: The LaGrange County housing inventory by bedroom type for February 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 14.3%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
910+11.1%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in LaGrange County, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 10 homes were sold or pending in LaGrange County in February 2024, up by 11.1% month-over-month. Of the 9 sold homes, 22% were sold under asking, 67% were sold at asking, and 11% were sold over asking.

Days on Market for LaGrange County, 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 27 Days Ago

Newest Listings in LaGrange County, IN

Nearby Markets to LaGrange County, IN

What housing markets are near LaGrange County, IN?