Is Near Southeast, 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, Near Southeast has remained a Seller's Market.
Housing Prices in Near Southeast, IN
How much do homes in Near Southeast, IN cost?
Median Sold Price
$145,666
$114/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Near Southeast was $145,666 in April 2024, up 2.9% from last year, and the median price per square foot was $114.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $60.7K | $62K | +2.1% |
2 Bedrooms | $120K | $126K | +5.0% |
3 Bedrooms | $155K | $152.4K | -1.6% |
4 Bedrooms | $136.7K | $182.5K | +33.5% |
5+ Bedrooms | $209K | - | N/A |
Summary: Near Southeast housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.1%, 2 bedroom homes increased by 5%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes increased by 33.5%, and 5+ bedroom homes did not change.
Housing Supply in Near Southeast, IN
How many homes are available in Near Southeast, IN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
79 | 75 | -5.1% |
Summary: The Near Southeast real estate market had 75 homes for sale in April 2024, a 5.1% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 1 | -66.7% |
2 Bedrooms | 39 | 34 | -12.8% |
3 Bedrooms | 28 | 33 | +17.9% |
4 Bedrooms | 7 | 5 | -28.6% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Near Southeast housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 66.7%, 2 bedroom homes decreased by 12.8%, 3 bedroom homes increased by 17.9%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
29 | 17 | -41.4% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in Near Southeast in April 2024, down by 41.4% month-over-month. Of the 17 sold homes, 41% were sold under asking, 18% were sold at asking, and 41% were sold over asking.
Days on Market for Near Southeast, IN
How long does it take to sell a home in Near Southeast, IN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
43 Days | 41 Days | -5.5% |
Summary: Homes in Near Southeast had an average of 41 days on market in Apr 2024, down by 5.5% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 17 homes were sold in Near Southeast; 71% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.