Is Meridian Kessler, 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 Kessler has remained a Seller's Market.
Housing Prices in Meridian Kessler, IN
How much do homes in Meridian Kessler, IN cost?
Median Sold Price
$436,000
$172/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Meridian Kessler was $436,000 in April 2024, up 6.5% from last year, and the median price per square foot was $172.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $178K | $189.9K | +6.7% |
2 Bedrooms | $252K | $264K | +4.8% |
3 Bedrooms | $385K | $407.5K | +5.8% |
4 Bedrooms | $546.2K | $677.5K | +24.0% |
5+ Bedrooms | $1.1M | $871K | -23.6% |
Summary: Meridian Kessler housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.7%, 2 bedroom homes increased by 4.8%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 24%, and 5+ bedroom homes decreased by 23.6%.
Median Sold Price Compared To Nearby Neighborhoods
Northcroft | $292.5K | $337.5K | +15.4% |
Meridian Kessler | $409.2K | $436K | +6.5% |
Housing Supply in Meridian Kessler, IN
How many homes are available in Meridian Kessler, IN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
90 | 91 | +1.1% |
Summary: The Meridian Kessler real estate market had 91 homes for sale in April 2024, a 1.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 7 | 7 | 0.0% |
2 Bedrooms | 19 | 18 | -5.3% |
3 Bedrooms | 28 | 30 | +7.1% |
4 Bedrooms | 24 | 25 | +4.2% |
5+ Bedrooms | 12 | 11 | -8.3% |
Summary: The Meridian Kessler 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 5.3%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes decreased by 8.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
27 | 31 | +14.8% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
19 Homes Were Sold
Over Asking
Summary: A total of 31 homes were sold or pending in Meridian Kessler in April 2024, up by 14.8% month-over-month. Of the 31 sold homes, 26% were sold under asking, 13% were sold at asking, and 61% were sold over asking.
Days on Market for Meridian Kessler, IN
How long does it take to sell a home in Meridian Kessler, IN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
38 Days | 19 Days | -49.9% |
Summary: Homes in Meridian Kessler had an average of 19 days on market in Apr 2024, down by 49.9% compared to last year.
Breakdown of Home Sale Times
27 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 31 homes were sold in Meridian Kessler; 87% of homes were sold within 30 days, 3% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.