Is Owen County, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Owen County has remained a Seller's Market.
Housing Prices in Owen County, IN
How much do homes in Owen County, IN cost?
Median Sold Price
$235,000
$135/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Owen County was $235,000 in March 2024, up 12.4% from last year, and the median price per square foot was $135.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $128.5K | $72.1K | -43.9% |
2 Bedrooms | $150K | $161.7K | +7.8% |
3 Bedrooms | $248K | $250K | +0.8% |
4 Bedrooms | $275K | $359.9K | +30.9% |
5+ Bedrooms | - | $365K | N/A |
Summary: Owen County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 43.9%, 2 bedroom homes increased by 7.8%, 3 bedroom homes increased by 0.8%, 4 bedroom homes increased by 30.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Counties
Putnam County | $200.9K | $241.6K | +20.3% |
Owen County | $209K | $235K | +12.4% |
Clay County | $148.5K | $148K | -0.3% |
Housing Supply in Owen County, IN
How many homes are available in Owen County, IN?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
45 | 59 | +31.1% |
Summary: The Owen County real estate market had 59 homes for sale in March 2024, a 31.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 7 | 11 | +57.1% |
3 Bedrooms | 23 | 33 | +43.5% |
4 Bedrooms | 11 | 13 | +18.2% |
5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Owen County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 57.1%, 3 bedroom homes increased by 43.5%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
4 | 17 | +325.0% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in Owen County in March 2024, up by 325.0% month-over-month. Of the 16 sold homes, 81% were sold under asking, 19% were sold at asking, and 0% were sold over asking.
Days on Market for Owen County, IN
How long does it take to sell a home in Owen County, IN?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
55 Days | 85 Days | +54.2% |
Summary: Homes in Owen County had an average of 85 days on market in Mar 2024, up by 54.2% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 17 homes were sold in Owen County; 24% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.