Is Vanderburgh County, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Vanderburgh County is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Vanderburgh County has remained a Seller's Market.

Key Takeaway

Vanderburgh County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Vanderburgh County, IN cost?

Median Sold Price

$186,000

$119/sqft

Based on all homes sold in April 2023.

Difference Since Last Month

+$17,000(+10.1%)

Key Takeaway

Homes in Vanderburgh County have sold for 10.1% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSMar 2023Apr 2023%
1 $60.2K$45K
-25.3%
2 $119.5K$130.5K
+9.2%
3 $184.7K$205.4K
+11.2%
4 $322K$269.9K
-16.2%
5+ $600K$449.9K
-25.0%

Median Sold Price Compared To Nearby Counties

Warrick County
+13.1%
Vanderburgh County
+10.1%
Posey County
+5.0%
Gibson County
-22.7%

How many homes are available in Vanderburgh County, IN?

Number of Homes For Sale

Mar 2023Apr 2023%
487535+9.9%

Homes For Sale By Bedroom Count

# BEDSMar 2023Apr 2023%
1 1113
+18.2%
2 138138
0.0%
3 221242
+9.5%
4 88103
+17.0%
5+ 2939
+34.5%

Number of Homes Sold

Mar 2023Apr 2023%
161220+36.6%

Asking Price vs. Sold Price

67 Homes Were Sold
Under Asking

38 Homes Were Sold
At Asking

88 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Vanderburgh County, you could pay more than the asking price. 45.6% of homes here sold above asking price last month.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Vanderburgh County, IN

Number of homes for sale in Vanderburgh County, IN real estate market have reached 535. The number of homes for sale in Vanderburgh County, IN increased by 9.9% between March 2023 and April 2023. This housing market listing prices have changed between April 2022 and April 2023: 1 bedroom properties prices decreased by 25.3%, prices of 2 bedrooms properties increased by 9.2%, 3 bedrooms properties became 11.2% more expensive, the cost of 4 bedrooms properties went down by 16.2%, 5 bedrooms properties prices decreased by 25%. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes inventory increased by 18.2%, number of 2 bedrooms homes remained the same, the quantity of 3 bedrooms homes went up by 9.5%, volume of 4 bedrooms homes went up by 17%, the quantity of 5 bedrooms homes went up by 34.5%. Vanderburgh County, IN housing market in April 2023 saw over 88 listings sold above listed price, more than 38 sold at listed price and over 67 sold below.

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