Is Shirley, 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, Shirley was a Neutral Market.
Key Takeaway
Shirley is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Shirley, IN
How much do homes in Shirley, IN cost?
Median Sold Price
$169,750
$82/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Shirley have sold for 13.2% more than they did a year ago.
Summary: The median home sold price in Shirley was $169,750 in April 2024, up 13.2% from last year, and the median price per square foot was $82.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $59K | $150K | +154.2% |
| 3 Bedrooms | $155K | $172.5K | +11.3% |
| 4 Bedrooms | - | $166.2K | N/A |
| 5+ Bedrooms | $40K | $231K | +477.5% |
Summary: Shirley 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 154.2%, 3 bedroom homes increased by 11.3%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 477.5%.
Median Sold Price Compared To Nearby Cities
| Greensboro Township | $133.2K | $202.4K | +51.9% |
| Shirley | $150K | $169.7K | +13.2% |
| Shirley | $156.5K | $166.2K | +6.2% |
| Brown Township | $168.7K | $170K | +0.7% |
Housing Supply in Shirley, IN
How many homes are available in Shirley, IN?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 7 | 8 | +14.3% |
Summary: The Shirley real estate market had 8 homes for sale in April 2024, a 14.3% increase 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 | 2 | 1 | -50.0% |
| 3 Bedrooms | 3 | 4 | +33.3% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Shirley 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 50%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 0 | 3 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Shirley, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Shirley in April 2024, up by 100.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Shirley, IN
How long does it take to sell a home in Shirley, IN?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 23 Days | 99 Days | +333.3% |
Summary: Homes in Shirley had an average of 99 days on market in Apr 2024, up by 333.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Shirley are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During April 2024, 3 homes were sold in Shirley; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.
Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by MLS GRID.