Is Pittsboro, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pittsboro is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Pittsboro, IN

How much do homes in Pittsboro, IN cost?

Median Sold Price

$351,000

$167/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$20,000(+6.0%)

Key Takeaway

Homes in Pittsboro have sold for 6% more than they did a year ago.

Summary: The median home sold price in Pittsboro was $351,000 in April 2024, up 6% from last year, and the median price per square foot was $167.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $325.9K$273.5K
-16.1%
3 $307K$315K
+2.6%
4 $368K$396.5K
+7.7%
5+ $402K$453K
+12.7%

Summary: Pittsboro housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 16.1%, 3 bedroom homes increased by 2.6%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 12.7%.

Median Sold Price Compared To Nearby Cities

Brownsburg
+16.1%
Pittsboro
+6.0%
Brown Township
+4.0%
Middle Township
+3.3%

Housing Supply in Pittsboro, IN

How many homes are available in Pittsboro, IN?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1824+33.3%

Summary: The Pittsboro real estate market had 24 homes for sale in April 2024, a 33.3% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 611
+83.3%
4 911
+22.2%
5+ 32
-33.3%

Summary: The Pittsboro housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 83.3%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
48+100.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pittsboro, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Pittsboro in April 2024, up by 100.0% month-over-month. Of the 8 sold homes, 63% were sold under asking, 13% were sold at asking, and 25% were sold over asking.

Days on Market for Pittsboro, IN

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

Average Sale Time

Apr 2023Apr 2024CHANGE
10 Days34 Days+234.1%

Summary: Homes in Pittsboro had an average of 34 days on market in Apr 2024, up by 234.1% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 8 homes were sold in Pittsboro; 63% of homes were sold within 30 days, 25% 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 3 Days Ago

Newest Listings in Pittsboro, IN

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