Is Noblesville, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Noblesville is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Noblesville has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Noblesville, IN

How much do homes in Noblesville, IN cost?

Median Sold Price

$357,964

$157/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$20,884(+6.2%)

Key Takeaway

Homes in Noblesville have sold for 6.2% more than they did a year ago.

Summary: The median home sold price in Noblesville was $357,964 in March 2024, up 6.2% from last year, and the median price per square foot was $157.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $240K$235.5K
-1.9%
2 $250K$285K
+14.0%
3 $292.1K$311.3K
+6.6%
4 $395K$409.3K
+3.6%
5+ $535K$520K
-2.8%

Summary: Noblesville housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.9%, 2 bedroom homes increased by 14%, 3 bedroom homes increased by 6.6%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes decreased by 2.8%.

Median Sold Price Compared To Nearby Cities

Noblesville
+6.2%
Wayne Township
+6.1%
Delaware Township
+3.1%
Noblesville Township
+2.4%
Fishers
+1.4%

Housing Supply in Noblesville, IN

How many homes are available in Noblesville, IN?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
271279+3.0%

Summary: The Noblesville real estate market had 279 homes for sale in March 2024, a 3.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 23
+50.0%
2 3645
+25.0%
3 117103
-12.0%
4 7386
+17.8%
5+ 4342
-2.3%

Summary: The Noblesville housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 25%, 3 bedroom homes decreased by 12%, 4 bedroom homes increased by 17.8%, and 5+ bedroom homes decreased by 2.3%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
8189+9.9%

Asking Price vs. Sold Price

51 Homes Were Sold
Under Asking

17 Homes Were Sold
At Asking

21 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Noblesville, you may be able to get a good deal. 57.3% of homes here sold below asking price last month.

Summary: A total of 89 homes were sold or pending in Noblesville in March 2024, up by 9.9% month-over-month. Of the 89 sold homes, 57% were sold under asking, 19% were sold at asking, and 24% were sold over asking.

Days on Market for Noblesville, IN

How long does it take to sell a home in Noblesville, IN?

Average Sale Time

Mar 2023Mar 2024CHANGE
38 Days42 Days+8.2%

Summary: Homes in Noblesville had an average of 42 days on market in Mar 2024, up by 8.2% compared to last year.

Breakdown of Home Sale Times

57 Homes Were Sold
Under 30 Days

18 Homes Were Sold
In 30 - 90 Days

14 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Noblesville are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 89 homes were sold in Noblesville; 64% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 19 Days Ago

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