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 April 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

$355,000

$158/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$13,645(+4.0%)

Key Takeaway

Homes in Noblesville have sold for 4% more than they did a year ago.

Summary: The median home sold price in Noblesville was $355,000 in April 2024, up 4% from last year, and the median price per square foot was $158.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $248.5K$285K
+14.7%
2 $259K$279.9K
+8.1%
3 $296.5K$310K
+4.6%
4 $393K$408.8K
+4.0%
5+ $513.5K$530.4K
+3.3%

Summary: Noblesville housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.7%, 2 bedroom homes increased by 8.1%, 3 bedroom homes increased by 4.6%, 4 bedroom homes increased by 4%, and 5+ bedroom homes increased by 3.3%.

Median Sold Price Compared To Nearby Cities

Wayne Township
+9.2%
Delaware Township
+4.3%
Noblesville
+4.0%
Fishers
+2.1%
Noblesville Township
0.3%

Housing Supply in Noblesville, IN

How many homes are available in Noblesville, IN?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
295304+3.1%

Summary: The Noblesville real estate market had 304 homes for sale in April 2024, a 3.1% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 34
+33.3%
2 4740
-14.9%
3 111118
+6.3%
4 91101
+11.0%
5+ 4341
-4.7%

Summary: The Noblesville housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes decreased by 14.9%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 11%, and 5+ bedroom homes decreased by 4.7%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
9699+3.1%

Asking Price vs. Sold Price

53 Homes Were Sold
Under Asking

24 Homes Were Sold
At Asking

22 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. 53.5% of homes here sold below asking price last month.

Summary: A total of 99 homes were sold or pending in Noblesville in April 2024, up by 3.1% month-over-month. Of the 99 sold homes, 54% were sold under asking, 24% were sold at asking, and 22% 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

Apr 2023Apr 2024CHANGE
27 Days29 Days+7.1%

Summary: Homes in Noblesville had an average of 29 days on market in Apr 2024, up by 7.1% compared to last year.

Breakdown of Home Sale Times

68 Homes Were Sold
Under 30 Days

16 Homes Were Sold
In 30 - 90 Days

13 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 April 2024, 99 homes were sold in Noblesville; 69% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 13% 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 10 Days Ago

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