Is Saint Joseph County, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Saint Joseph County has remained a Seller's Market.
Housing Prices in Saint Joseph County, IN
How much do homes in Saint Joseph County, IN cost?
Median Sold Price
$177,900
$126/sqft
Based on all homes sold in February 2024.
Difference Since Last Month
Summary: The median home sold price in Saint Joseph County was $177,900 in February 2024, down 6.4% from last month, and the median price per square foot was $126.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $297.5K | $110K | -63.0% |
2 Bedrooms | $121.5K | $126.2K | +3.9% |
3 Bedrooms | $203K | $178K | -12.3% |
4 Bedrooms | $272.5K | $302.2K | +10.9% |
5+ Bedrooms | $575K | $301.5K | -47.6% |
Summary: Saint Joseph County housing prices by bedroom type for February 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 63%, 2 bedroom homes increased by 3.9%, 3 bedroom homes decreased by 12.3%, 4 bedroom homes increased by 10.9%, and 5+ bedroom homes decreased by 47.6%.
Median Sold Price Compared To Nearby Counties
Marshall County | $257.4K | $254K | -1.3% |
Saint Joseph County | $190K | $177.9K | -6.4% |
Elkhart County | $222.5K | $179.9K | -19.1% |
Housing Supply in Saint Joseph County, IN
How many homes are available in Saint Joseph County, IN?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
744 | 862 | +15.9% |
Summary: The Saint Joseph County real estate market had 862 homes for sale in February 2024, a 15.9% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 7 | 11 | +57.1% |
2 Bedrooms | 158 | 178 | +12.7% |
3 Bedrooms | 354 | 415 | +17.2% |
4 Bedrooms | 170 | 193 | +13.5% |
5+ Bedrooms | 55 | 65 | +18.2% |
Summary: The Saint Joseph County housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 57.1%, 2 bedroom homes increased by 12.7%, 3 bedroom homes increased by 17.2%, 4 bedroom homes increased by 13.5%, and 5+ bedroom homes increased by 18.2%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
162 | 209 | +29.0% |
Asking Price vs. Sold Price
110 Homes Were Sold
Under Asking
38 Homes Were Sold
At Asking
51 Homes Were Sold
Over Asking
Summary: A total of 209 homes were sold or pending in Saint Joseph County in February 2024, up by 29.0% month-over-month. Of the 199 sold homes, 55% were sold under asking, 19% were sold at asking, and 26% were sold over asking.
Days on Market for Saint Joseph County, IN
We’re sorry, we don't have information for this market at the moment