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 March 2023

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.

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

+$26,000(+12.4%)

Key Takeaway

Homes in Owen County have sold for 12.4% more than they did a year ago.

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

# BEDSMar 2023Mar 2024CHANGE
1 $128.5K$72.1K
-43.9%
2 $150K$161.7K
+7.8%
3 $248K$250K
+0.8%
4 $275K$359.9K
+30.9%
5+ -$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
+20.3%
Owen County
+12.4%
Clay County
-0.3%

Housing Supply in Owen County, IN

How many homes are available in Owen County, IN?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
4559+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

# BEDSFeb 2024Mar 2024CHANGE
1 10
-100.0%
2 711
+57.1%
3 2333
+43.5%
4 1113
+18.2%
5+ 32
-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 2024Mar 2024CHANGE
417+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

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Owen County, you may be able to get a good deal. 81.3% of homes here sold below asking price last month.

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 2023Mar 2024CHANGE
55 Days85 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

Breakdown of Home Sale Times

Key Takeaway

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

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.

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

Report Updated 20 Days Ago

Newest Listings in Owen County, IN

Nearby Markets to Owen County, IN

What housing markets are near Owen County, IN?