Is New Haven, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing New Haven is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, New Haven has remained a Seller's Market.

Key Takeaway

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

Housing Prices in New Haven, IN

How much do homes in New Haven, IN cost?

Median Sold Price

$247,500

$150/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$48,500(+24.4%)

Key Takeaway

Homes in New Haven have sold for 24.4% more than they did a month ago.

Summary: The median home sold price in New Haven was $247,500 in October 2024, up 24.4% from last month, and the median price per square foot was $150.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $163K$306.1K
+87.8%
3 $210K$245K
+16.7%
4 $260K$310K
+19.2%
5+ -$339.9K
N/A

Summary: New Haven housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 87.8%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 19.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

New Haven
+24.4%
Adams Township
+15.5%
Saint Joseph Township
0.2%
Milan Township
-43.6%

Housing Supply in New Haven, IN

How many homes are available in New Haven, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
98980.0%

Summary: The New Haven real estate market had 98 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 96
-33.3%
3 5762
+8.8%
4 2623
-11.5%
5+ 56
+20.0%

Summary: The New Haven housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 8.8%, 4 bedroom homes decreased by 11.5%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2328+21.7%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in New Haven, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.

Summary: A total of 28 homes were sold or pending in New Haven in October 2024, up by 21.7% month-over-month. Of the 27 sold homes, 56% were sold under asking, 22% were sold at asking, and 22% were sold over asking.

Days on Market for New Haven, 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 12 Days Ago

Newest Listings in New Haven, IN

Nearby Markets to New Haven, IN

What housing markets are near New Haven, IN?