Is Princes Lakes, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Princes Lakes was a Seller's Market.
Housing Prices in Princes Lakes, IN
How much do homes in Princes Lakes, IN cost?
Median Sold Price
$270,000
$162/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Princes Lakes was $270,000 in April 2024, up 13.9% from last year, and the median price per square foot was $162.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $250K | $210K | -16.0% |
2 Bedrooms | $184.5K | $243K | +31.7% |
3 Bedrooms | $246.5K | $280K | +13.6% |
4 Bedrooms | $289.9K | $339.5K | +17.1% |
5+ Bedrooms | $380K | - | N/A |
Summary: Princes Lakes housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 16%, 2 bedroom homes increased by 31.7%, 3 bedroom homes increased by 13.6%, 4 bedroom homes increased by 17.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Nineveh Township | $265K | $334.7K | +26.3% |
Princes Lakes | $237K | $270K | +13.9% |
Nineveh | $310K | $325K | +4.8% |
Hamblen Township | $435K | $430K | -1.1% |
Housing Supply in Princes Lakes, IN
How many homes are available in Princes Lakes, IN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 14 | +40.0% |
Summary: The Princes Lakes real estate market had 14 homes for sale in April 2024, a 40.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 6 | +200.0% |
3 Bedrooms | 5 | 5 | 0.0% |
4 Bedrooms | 3 | 3 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Princes Lakes 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 increased by 200%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1 | 1 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Princes Lakes in April 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Princes Lakes, IN
How long does it take to sell a home in Princes Lakes, IN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
22 Days | 54 Days | +145.5% |
Summary: Homes in Princes Lakes had an average of 54 days on market in Apr 2024, up by 145.5% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 1 homes were sold in Princes Lakes; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.