Is Parke County, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Parke County was a Neutral Market.
Housing Prices in Parke County, IN
How much do homes in Parke County, IN cost?
Median Sold Price
$159,500
$88/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Parke County was $159,500 in March 2024, up 10.1% from last year, and the median price per square foot was $88.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $67.4K | $80.2K | +19.1% |
2 Bedrooms | $89K | $134K | +50.6% |
3 Bedrooms | $165K | $158K | -4.2% |
4 Bedrooms | $309.2K | $257.5K | -16.7% |
5+ Bedrooms | $125K | $460K | +268.0% |
Summary: Parke County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19.1%, 2 bedroom homes increased by 50.6%, 3 bedroom homes decreased by 4.2%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes increased by 268%.
Median Sold Price Compared To Nearby Counties
Putnam County | $200.9K | $241.6K | +20.3% |
Vermillion County | $90.1K | $100K | +11.0% |
Parke County | $144.9K | $159.5K | +10.1% |
Vigo County | $132.2K | $124.6K | -5.8% |
Fountain County | $169.9K | $160K | -5.8% |
Housing Supply in Parke County, IN
How many homes are available in Parke County, IN?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
30 | 34 | +13.3% |
Summary: The Parke County real estate market had 34 homes for sale in March 2024, a 13.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 6 | 8 | +33.3% |
3 Bedrooms | 10 | 14 | +40.0% |
4 Bedrooms | 8 | 6 | -25.0% |
5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Parke County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 40%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
5 | 6 | +20.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Parke County in March 2024, up by 20.0% month-over-month. Of the 6 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Parke County, IN
How long does it take to sell a home in Parke County, IN?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
145 Days | 50 Days | -65.6% |
Summary: Homes in Parke County had an average of 50 days on market in Mar 2024, down by 65.6% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 6 homes were sold in Parke County; 50% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.