Is Wakarusa, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wakarusa is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Wakarusa, IN

How much do homes in Wakarusa, IN cost?

Median Sold Price

$325,000

$135/sqft

Based on all homes sold in September 2024.

Difference Since Last Month

-$279,950(-46.3%)

Key Takeaway

Homes in Wakarusa have sold for 46.3% less than they did a month ago.

Summary: The median home sold price in Wakarusa was $325,000 in September 2024, down 46.3% from last month, and the median price per square foot was $135.

Median Sold Price By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 --
N/A
2 --
N/A
3 -$317.5K
N/A
4 $259.9K$325K
+25.0%
5+ $950K-
N/A

Summary: Wakarusa housing prices by bedroom type for September 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 25%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Harrison Township
+141.8%
Olive Township
-7.4%
Wakarusa
-46.3%
Wakarusa
-46.3%

Housing Supply in Wakarusa, IN

How many homes are available in Wakarusa, IN?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
76-14.3%

Summary: The Wakarusa real estate market had 6 homes for sale in September 2024, a 14.3% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 00
0.0%
3 45
+25.0%
4 21
-50.0%
5+ 10
-100.0%

Summary: The Wakarusa housing inventory by bedroom type for September 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 25%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wakarusa, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Wakarusa in September 2024, up by 50.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Wakarusa, IN

We’re sorry, we don't have information for this market at the moment

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

Report Updated 30 Days Ago

Newest Listings in Wakarusa, IN

Nearby Markets to Wakarusa, IN