Is Meridian Hills / Williams Creek, 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, Meridian Hills / Williams Creek has remained a Seller's Market.
Housing Prices in Meridian Hills / Williams Creek, IN
How much do homes in Meridian Hills / Williams Creek, IN cost?
Median Sold Price
$570,000
$194/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Meridian Hills / Williams Creek was $570,000 in April 2024, up 8.6% from last year, and the median price per square foot was $194.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $340K | $515K | +51.5% |
3 Bedrooms | $463.5K | $412.5K | -11.0% |
4 Bedrooms | $550K | $674.9K | +22.7% |
5+ Bedrooms | $1.3M | $1.5M | +14.5% |
Summary: Meridian Hills / Williams Creek 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 51.5%, 3 bedroom homes decreased by 11%, 4 bedroom homes increased by 22.7%, and 5+ bedroom homes increased by 14.5%.
Median Sold Price Compared To Nearby Neighborhoods
Arden | $505K | $572K | +13.3% |
Meridian Hills / Williams Creek | $525K | $570K | +8.6% |
Housing Supply in Meridian Hills / Williams Creek, IN
How many homes are available in Meridian Hills / Williams Creek, IN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
26 | 31 | +19.2% |
Summary: The Meridian Hills / Williams Creek real estate market had 31 homes for sale in April 2024, a 19.2% 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 | 4 | 4 | 0.0% |
3 Bedrooms | 10 | 12 | +20.0% |
4 Bedrooms | 4 | 6 | +50.0% |
5+ Bedrooms | 8 | 9 | +12.5% |
Summary: The Meridian Hills / Williams Creek 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 20%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 11 | +120.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Meridian Hills / Williams Creek in April 2024, up by 120.0% month-over-month. Of the 11 sold homes, 27% were sold under asking, 27% were sold at asking, and 45% were sold over asking.
Days on Market for Meridian Hills / Williams Creek, IN
How long does it take to sell a home in Meridian Hills / Williams Creek, IN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
52 Days | 33 Days | -35.8% |
Summary: Homes in Meridian Hills / Williams Creek had an average of 33 days on market in Apr 2024, down by 35.8% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 11 homes were sold in Meridian Hills / Williams Creek; 82% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.