Is South Perry, 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, South Perry has remained a Seller's Market.
Housing Prices in South Perry, IN
How much do homes in South Perry, IN cost?
Median Sold Price
$231,600
$150/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in South Perry was $231,600 in April 2024, down 5.4% from last year, and the median price per square foot was $150.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $125K | $130K | +4.0% |
3 Bedrooms | $246.5K | $230K | -6.7% |
4 Bedrooms | $287.5K | $281.9K | -1.9% |
5+ Bedrooms | $310K | $332.5K | +7.3% |
Summary: South Perry 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 4%, 3 bedroom homes decreased by 6.7%, 4 bedroom homes decreased by 1.9%, and 5+ bedroom homes increased by 7.3%.
Housing Supply in South Perry, IN
How many homes are available in South Perry, IN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
46 | 55 | +19.6% |
Summary: The South Perry real estate market had 55 homes for sale in April 2024, a 19.6% 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 | 9 | 10 | +11.1% |
3 Bedrooms | 27 | 36 | +33.3% |
4 Bedrooms | 10 | 7 | -30.0% |
5+ Bedrooms | 0 | 2 | +100.0% |
Summary: The South Perry 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 increased by 11.1%, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 30%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
11 | 14 | +27.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 14 homes were sold or pending in South Perry in April 2024, up by 27.3% month-over-month. Of the 14 sold homes, 43% were sold under asking, 29% were sold at asking, and 29% were sold over asking.
Days on Market for South Perry, IN
How long does it take to sell a home in South Perry, IN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
24 Days | 45 Days | +86.1% |
Summary: Homes in South Perry had an average of 45 days on market in Apr 2024, up by 86.1% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 14 homes were sold in South Perry; 64% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.