Is Vigo County, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2022
Since last year, Vigo County has remained a Seller's Market.
Housing Prices in Vigo County, IN
How much do homes in Vigo County, IN cost?
Median Sold Price
$124,672
$82/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2022
Summary: The median home sold price in Vigo County was $124,672 in November 2023, down 7.3% from last year, and the median price per square foot was $82.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Nov 2022 | Nov 2023 | CHANGE |
---|---|---|---|
1 Bedroom | $59.9K | $55K | -8.2% |
2 Bedrooms | $95K | $80K | -15.8% |
3 Bedrooms | $145K | $135K | -6.9% |
4 Bedrooms | $225K | $228.5K | +1.6% |
5+ Bedrooms | $490K | $315K | -35.7% |
Summary: Vigo County housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes decreased by 8.2%, 2 bedroom homes decreased by 15.8%, 3 bedroom homes decreased by 6.9%, 4 bedroom homes increased by 1.6%, and 5+ bedroom homes decreased by 35.7%.
Median Sold Price Compared To Nearby Counties
Clay County | $140K | $155K | +10.7% |
Vigo County | $134.4K | $124.6K | -7.3% |
Housing Supply in Vigo County, IN
How many homes are available in Vigo County, IN?
Number of Homes For Sale
Oct 2023 | Nov 2023 | CHANGE |
---|---|---|
125 | 121 | -3.2% |
Summary: The Vigo County real estate market had 121 homes for sale in November 2023, a 3.2% decrease compared to October 2023.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Oct 2023 | Nov 2023 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 4 | 0.0% |
2 Bedrooms | 38 | 35 | -7.9% |
3 Bedrooms | 51 | 50 | -2.0% |
4 Bedrooms | 25 | 24 | -4.0% |
5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The Vigo County housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 7.9%, 3 bedroom homes decreased by 2%, 4 bedroom homes decreased by 4%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
Oct 2023 | Nov 2023 | CHANGE |
---|---|---|
29 | 24 | -17.2% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 24 homes were sold or pending in Vigo County in November 2023, down by 17.2% month-over-month. Of the 24 sold homes, 63% were sold under asking, 17% were sold at asking, and 21% were sold over asking.
Days on Market for Vigo County, IN
How long does it take to sell a home in Vigo County, IN?
Average Sale Time
Nov 2022 | Nov 2023 | CHANGE |
---|---|---|
25 Days | 31 Days | +24.9% |
Summary: Homes in Vigo County had an average of 31 days on market in Nov 2023, up by 24.9% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During November 2023, 24 homes were sold in Vigo County; 63% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.