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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Vigo County is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

How much do homes in Vigo County, IN cost?

Median Sold Price

$156,750

$96/sqft

Based on all homes sold in May 2022.

Difference Since Last Month

+$31,750(+25.4%)

Key Takeaway

Homes in Vigo County have sold for 25.4% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSApr 2022May 2022%
1 $17.5K$92K
+425.7%
2 $95.5K$120K
+25.7%
3 $149.9K$169K
+12.7%
4 $182K$201.2K
+10.6%
5+ $375K$740K
+97.3%

How many homes are available in Vigo County, IN?

Number of Homes For Sale

Apr 2022May 2022%
11292-17.9%

Homes For Sale By Bedroom Count

# BEDSApr 2022May 2022%
1 22
0.0%
2 3931
-20.5%
3 4530
-33.3%
4 2025
+25.0%
5+ 64
-33.3%

Number of Homes Sold

Apr 2022May 2022%
4527-40.0%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Vigo County, you may be able to get a good deal. 42.3% of homes here sold below asking price last month.

Average Sale Time

Apr 2022May 2022%
17 Days21 Days+19.6%

Breakdown of Home Sale Times

21 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Vigo County are selling fast, if you're buying plan to act quickly.

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

About Vigo County, IN

Vigo County, IN has 92 homes for sale to choose from. Between April 2022 and May 2022, Vigo County, IN real estate market has seen decrease in the number of listings by 17.9%. While the average time on the market in May 2022 was 21 days, the median list price was $156,750. This housing market listing prices have changed between May 2021 and May 2022: prices of 1 bedroom properties increased by 425.7%, the cost of 2 bedrooms properties went up by 25.7%, 3 bedrooms properties prices increased by 12.7%, prices of 4 bedrooms properties went up by 10.6%, the cost of 5 bedrooms properties went up by 97.3%. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes did not move, number of 2 bedrooms homes decreased by 20.5%, 3 bedrooms homes became 33.3% less available, 4 bedrooms homes became 25% more available, volume of 5 bedrooms homes went down by 33.3%. In May 2022 more than 9 listings in Vigo County, IN were sold above the asking price. During the same period more than 6 listings were sold at asking price, while more than 11 were sold below.

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