Is Near Westside, 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 Westside has remained a Seller's Market.
Housing Prices in Near Westside, IN
How much do homes in Near Westside, IN cost?
Median Sold Price
$130,000
$85/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since April 2023.
Summary: The median home sold price in Near Westside was $130,000 in April 2024, the same as last year, and the median price per square foot was $85.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $57.5K | $155K | +169.6% |
2 Bedrooms | $98K | $100K | +2.0% |
3 Bedrooms | $152.6K | $153.4K | 0.5% |
4 Bedrooms | $141.8K | $140K | -1.3% |
5+ Bedrooms | $354.9K | $207.5K | -41.5% |
Summary: Near Westside housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 169.6%, 2 bedroom homes increased by 2%, 3 bedroom homes increased by 0.5%, 4 bedroom homes decreased by 1.3%, and 5+ bedroom homes decreased by 41.5%.
Median Sold Price Compared To Nearby Neighborhoods
Hawthorne | $160.5K | $182.5K | +13.7% |
Near Westside | $130K | $130K | 0.0% |
Housing Supply in Near Westside, IN
How many homes are available in Near Westside, IN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
82 | 76 | -7.3% |
Summary: The Near Westside real estate market had 76 homes for sale in April 2024, a 7.3% decrease 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 | 34 | 32 | -5.9% |
3 Bedrooms | 40 | 35 | -12.5% |
4 Bedrooms | 7 | 9 | +28.6% |
5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Near Westside 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 5.9%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
20 | 24 | +20.0% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 24 homes were sold or pending in Near Westside in April 2024, up by 20.0% month-over-month. Of the 24 sold homes, 63% were sold under asking, 21% were sold at asking, and 17% were sold over asking.
Days on Market for Near Westside, IN
How long does it take to sell a home in Near Westside, IN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
54 Days | 27 Days | -49.4% |
Summary: Homes in Near Westside had an average of 27 days on market in Apr 2024, down by 49.4% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 24 homes were sold in Near Westside; 71% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.