Is Owen County, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Owen County is a seller's market

Buyer's
Market

Difference Since May 2022

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

Key Takeaway

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

How much do homes in Owen County, IN cost?

Median Sold Price

$223,746

$131/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2022

+$44,746(+25.0%)

Key Takeaway

Homes in Owen County have sold for 25% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2022May 2023%
1 $95K$128.5K
+35.3%
2 $131.5K$155K
+17.9%
3 $199.9K$246K
+23.1%
4 $252K$290K
+15.1%
5+ $317.5K$430K
+35.4%

Median Sold Price Compared To Nearby Counties

Owen County
+25.0%
Monroe County
+12.4%
Clay County
+11.0%
Putnam County
-4.9%

How many homes are available in Owen County, IN?

Number of Homes For Sale

Apr 2023May 2023%
109120+10.1%

Homes For Sale By Bedroom Count

# BEDSApr 2023May 2023%
1 22
0.0%
2 2627
+3.8%
3 6469
+7.8%
4 1419
+35.7%
5+ 33
0.0%

Number of Homes Sold

Apr 2023May 2023%
2635+34.6%

Asking Price vs. Sold Price

20 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Owen County, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

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

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

Average Sale Time

May 2022May 2023%
63 Days38 Days-39.0%

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

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

What housing markets are near Owen County, IN?

About Owen County, IN

There are 120 homes are for sale in Owen County, IN real estate market. In May 2023 in Owen County, IN there were 10.1% more homes for sale than in April 2023. Listings spent 38 days on the market in May 2023, and had a median list price of $223,746 during the same period. This housing market listing prices have changed between April 2023 and May 2023: prices of 1 bedroom properties went up by 35.3%, prices of 2 bedrooms properties went up by 17.9%, 3 bedrooms properties became 23.1% more expensive, prices of 4 bedrooms properties went up by 15.1%, prices of 5 bedrooms properties increased by 35.4%. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes did not move, 2 bedrooms homes inventory increased by 3.8%, the quantity of 3 bedrooms homes went up by 7.8%, the quantity of 4 bedrooms homes went up by 35.7%, 5 bedrooms homes inventory did not change. In May 2023 more than 6 listings in Owen County, IN were sold above the asking price. During the same period more than 9 listings were sold at asking price, while more than 20 were sold below.