Is Randolph 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, Randolph County was a Seller's Market.
Housing Prices in Randolph County, IN
How much do homes in Randolph County, IN cost?
Median Sold Price
$123,500
$68/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Randolph County was $123,500 in March 2024, down 12.7% from last year, and the median price per square foot was $68.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $71.5K | $52.5K | -26.6% |
3 Bedrooms | $149K | $136.5K | -8.4% |
4 Bedrooms | $198.9K | $130.4K | -34.4% |
5+ Bedrooms | $189.4K | $291.5K | +53.8% |
Summary: Randolph County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 26.6%, 3 bedroom homes decreased by 8.4%, 4 bedroom homes decreased by 34.4%, and 5+ bedroom homes increased by 53.8%.
Median Sold Price Compared To Nearby Counties
Darke County | $160K | $167.3K | +4.6% |
Delaware County | $143.1K | $144.9K | +1.3% |
Randolph County | $141.5K | $123.5K | -12.7% |
Housing Supply in Randolph County, IN
How many homes are available in Randolph County, IN?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
19 | 36 | +89.5% |
Summary: The Randolph County real estate market had 36 homes for sale in March 2024, a 89.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 6 | +200.0% |
3 Bedrooms | 13 | 23 | +76.9% |
4 Bedrooms | 4 | 6 | +50.0% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Randolph County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 200%, 3 bedroom homes increased by 76.9%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
3 | 4 | +33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Randolph County in March 2024, up by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Randolph County, IN
How long does it take to sell a home in Randolph County, IN?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
153 Days | 52 Days | -65.8% |
Summary: Homes in Randolph County had an average of 52 days on market in Mar 2024, down by 65.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 4 homes were sold in Randolph County; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.