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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Randolph County is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Randolph County has remained a Seller's Market.

Key Takeaway

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

How much do homes in Randolph County, IN cost?

Median Sold Price

$99,900

$66/sqft

Based on all homes sold in February 2023.

Difference Since Last Month

-$32,850(-24.7%)

Key Takeaway

Homes in Randolph County have sold for 24.7% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSJan 2023Feb 2023%
1 --
N/A
2 $67.5K$34K
-49.6%
3 $134K$107.4K
-19.9%
4 $198.9K$92.9K
-53.3%
5+ --
N/A

Median Sold Price Compared To Nearby Counties

Randolph County
-24.7%
Jay County
-32.2%

How many homes are available in Randolph County, IN?

Number of Homes For Sale

Jan 2023Feb 2023%
7470-5.4%

Homes For Sale By Bedroom Count

# BEDSJan 2023Feb 2023%
1 33
0.0%
2 1110
-9.1%
3 4448
+9.1%
4 158
-46.7%
5+ 11
0.0%

Number of Homes Sold

Jan 2023Feb 2023%
2021+5.0%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Randolph County, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.

Average Sale Time

Jan 2023Feb 2023%
97 Days49 Days-49.4%

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Randolph County has remained consistent over time.

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

About Randolph County, IN

Homes for sale in Randolph County, IN have reached 70. The number of listings in Randolph County, IN decreased by 5.4% between January 2023 and February 2023. While the average time on the market in February 2023 was 49 days, the median list price was $99,900. This housing market listing prices have changed between February 2022 and February 2023: prices of 1 bedroom properties increased by 0%, 2 bedrooms properties prices decreased by 49.6%, 3 bedrooms properties prices decreased by 19.9%, prices of 4 bedrooms properties went down by 53.3%, the cost of 5 bedrooms properties went up by 0%. The following changes in the number of homes for sale were observed in this housing market: the quantity of 1 bedroom homes have not changed, volume of 2 bedrooms homes went down by 9.1%, number of 3 bedrooms homes increased by 9.1%, number of 4 bedrooms homes decreased by 46.7%, number of 5 bedrooms homes remained the same. Randolph County, IN housing market in February 2023 saw over 3 listings sold above listed price, more than 3 sold at listed price and over 15 sold below.

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