Is Rush County, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Rush County has remained a Seller's Market.
Housing Prices in Rush County, IN
How much do homes in Rush County, IN cost?
Median Sold Price
$150,000
$91/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Rush County was $150,000 in April 2024, down 3.2% from last year, and the median price per square foot was $91.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $90.1K | - | N/A |
2 Bedrooms | $105K | $102.4K | -2.4% |
3 Bedrooms | $161K | $165K | +2.5% |
4 Bedrooms | $177.2K | $215K | +21.3% |
5+ Bedrooms | $247.5K | $230K | -7.1% |
Summary: Rush County 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 2.4%, 3 bedroom homes increased by 2.5%, 4 bedroom homes increased by 21.3%, and 5+ bedroom homes decreased by 7.1%.
Median Sold Price Compared To Nearby Counties
Decatur County | $191.3K | $204K | +6.6% |
Shelby County | $210K | $215.1K | +2.5% |
Hancock County | $334.5K | $336.2K | 0.5% |
Rush County | $155K | $150K | -3.2% |
Housing Supply in Rush County, IN
How many homes are available in Rush County, IN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
54 | 50 | -7.4% |
Summary: The Rush County real estate market had 50 homes for sale in April 2024, a 7.4% decrease 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 | 11 | 6 | -45.5% |
3 Bedrooms | 27 | 28 | +3.7% |
4 Bedrooms | 12 | 11 | -8.3% |
5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Rush County 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 decreased by 45.5%, 3 bedroom homes increased by 3.7%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
14 | 18 | +28.6% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 18 homes were sold or pending in Rush County in April 2024, up by 28.6% month-over-month. Of the 18 sold homes, 44% were sold under asking, 22% were sold at asking, and 33% were sold over asking.
Days on Market for Rush County, IN
How long does it take to sell a home in Rush County, IN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
97 Days | 65 Days | -33.2% |
Summary: Homes in Rush County had an average of 65 days on market in Apr 2024, down by 33.2% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During April 2024, 18 homes were sold in Rush County; 50% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 28% of homes were sold over 90 days.