Is Reelsville, 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, Reelsville was a Seller's Market.
Housing Prices in Reelsville, IN
How much do homes in Reelsville, IN cost?
Median Sold Price
$225,000
$142/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Reelsville was $225,000 in April 2024, down 3.8% from last year, and the median price per square foot was $142.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $126.2K | N/A |
2 Bedrooms | $45K | $194.3K | +331.9% |
3 Bedrooms | $300K | $255K | -15.0% |
4 Bedrooms | $238K | $381.5K | +60.3% |
5+ Bedrooms | $230K | $276.7K | +20.3% |
Summary: Reelsville 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 increased by 331.9%, 3 bedroom homes decreased by 15%, 4 bedroom homes increased by 60.3%, and 5+ bedroom homes increased by 20.3%.
Median Sold Price Compared To Nearby Cities
Warren Township | $166K | $249.9K | +50.5% |
Reelsville | $234K | $225K | -3.8% |
Washington Township | $229.9K | $179K | -22.2% |
Van Buren Township | $175K | $106.5K | -39.1% |
Housing Supply in Reelsville, IN
How many homes are available in Reelsville, IN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 6 | +20.0% |
Summary: The Reelsville real estate market had 6 homes for sale in April 2024, a 20.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 3 | 4 | +33.3% |
4 Bedrooms | 0 | 0 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Reelsville 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 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
0 | 1 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Reelsville in April 2024, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Reelsville, IN
How long does it take to sell a home in Reelsville, IN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
19 Days | 5 Days | -73.7% |
Summary: Homes in Reelsville had an average of 5 days on market in Apr 2024, down by 73.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 1 homes were sold in Reelsville; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.