Is Saint John, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Saint John is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Saint John was a Neutral Market.

Key Takeaway

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

Housing Prices in Saint John, IN

How much do homes in Saint John, IN cost?

Median Sold Price

$332,490

$171/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

-$67,500(-16.9%)

Key Takeaway

Homes in Saint John have sold for 16.9% less than they did a month ago.

Summary: The median home sold price in Saint John was $332,490 in March 2024, down 16.9% from last month, and the median price per square foot was $171.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 --
N/A
3 $399.9K$294.9K
-26.3%
4 -$409.9K
N/A
5+ --
N/A

Summary: Saint John housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 26.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Hanover Township
-1.6%
Saint John
-16.9%

Housing Supply in Saint John, IN

How many homes are available in Saint John, IN?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1921+10.5%

Summary: The Saint John real estate market had 21 homes for sale in March 2024, a 10.5% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 22
0.0%
3 78
+14.3%
4 89
+12.5%
5+ 22
0.0%

Summary: The Saint John 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 remained the same, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
36+100.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Saint John, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Saint John in March 2024, up by 100.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Saint John, IN

How long does it take to sell a home in Saint John, IN?

Average Sale Time

Feb 2024Mar 2024CHANGE
17 Days26 Days+54.8%

Summary: Homes in Saint John had an average of 26 days on market in Mar 2024, up by 54.8% compared to last month.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Saint John are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 6 homes were sold in Saint John; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 30 Days Ago

Newest Listings in Saint John, IN

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