Is Southeast Warren, 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, Southeast Warren has remained a Seller's Market.
Housing Prices in Southeast Warren, IN
How much do homes in Southeast Warren, IN cost?
Median Sold Price
$281,000
$129/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Southeast Warren was $281,000 in April 2024, up 3.9% from last year, and the median price per square foot was $129.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $175K | $190K | +8.6% |
3 Bedrooms | $245K | $260K | +6.1% |
4 Bedrooms | $300.5K | $299.5K | -0.3% |
5+ Bedrooms | $350K | $338.9K | -3.1% |
Summary: Southeast Warren 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 8.6%, 3 bedroom homes increased by 6.1%, 4 bedroom homes decreased by 0.3%, and 5+ bedroom homes decreased by 3.1%.
Housing Supply in Southeast Warren, IN
How many homes are available in Southeast Warren, IN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
54 | 55 | +1.9% |
Summary: The Southeast Warren real estate market had 55 homes for sale in April 2024, a 1.9% 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 | 10 | 8 | -20.0% |
3 Bedrooms | 23 | 25 | +8.7% |
4 Bedrooms | 18 | 16 | -11.1% |
5+ Bedrooms | 3 | 6 | +100.0% |
Summary: The Southeast Warren 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 20%, 3 bedroom homes increased by 8.7%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
16 | 21 | +31.3% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 21 homes were sold or pending in Southeast Warren in April 2024, up by 31.3% month-over-month. Of the 21 sold homes, 48% were sold under asking, 19% were sold at asking, and 33% were sold over asking.
Days on Market for Southeast Warren, IN
How long does it take to sell a home in Southeast Warren, IN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
60 Days | 45 Days | -25.1% |
Summary: Homes in Southeast Warren had an average of 45 days on market in Apr 2024, down by 25.1% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 21 homes were sold in Southeast Warren; 67% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.