Is Thorntown, 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, Thorntown has remained a Seller's Market.
Housing Prices in Thorntown, IN
How much do homes in Thorntown, IN cost?
Median Sold Price
$287,500
$133/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Thorntown was $287,500 in April 2024, up 27.8% from last year, and the median price per square foot was $133.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $115K | $320K | +178.3% |
3 Bedrooms | $204K | $275K | +34.8% |
4 Bedrooms | $280K | $287.5K | +2.7% |
5+ Bedrooms | - | $417.5K | N/A |
Summary: Thorntown 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 178.3%, 3 bedroom homes increased by 34.8%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Thorntown | $225K | $287.5K | +27.8% |
Sugar Creek Township | $225K | $267.5K | +18.9% |
Housing Supply in Thorntown, IN
How many homes are available in Thorntown, IN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
11 | 15 | +36.4% |
Summary: The Thorntown real estate market had 15 homes for sale in April 2024, a 36.4% 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 | 0 | 0 | 0.0% |
3 Bedrooms | 6 | 8 | +33.3% |
4 Bedrooms | 4 | 6 | +50.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Thorntown 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 remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
0 | 4 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Thorntown in April 2024, up by 100.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Thorntown, IN
How long does it take to sell a home in Thorntown, IN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
4 Days | 79 Days | +1893.8% |
Summary: Homes in Thorntown had an average of 79 days on market in Apr 2024, up by 1893.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 4 homes were sold in Thorntown; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.