Is Zionsville, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Zionsville has remained a Seller's Market.
Housing Prices in Zionsville, IN
How much do homes in Zionsville, IN cost?
Median Sold Price
$669,676
$167/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Zionsville was $669,676 in March 2024, up 9.1% from last year, and the median price per square foot was $167.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $325K | N/A |
2 Bedrooms | $305K | $292.5K | -4.1% |
3 Bedrooms | $411K | $450K | +9.5% |
4 Bedrooms | $626K | $651K | +4.0% |
5+ Bedrooms | $775K | $875K | +12.9% |
Summary: Zionsville housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 4.1%, 3 bedroom homes increased by 9.5%, 4 bedroom homes increased by 4%, and 5+ bedroom homes increased by 12.9%.
Median Sold Price Compared To Nearby Cities
Eagle Township | $544K | $630.4K | +15.9% |
Zionsville | $613.7K | $669.6K | +9.1% |
Carmel | $489.5K | $514.3K | +5.1% |
Pike Township | $235K | $245K | +4.3% |
Worth Township | $327.7K | $325.6K | -0.6% |
Housing Supply in Zionsville, IN
How many homes are available in Zionsville, IN?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
70 | 78 | +11.4% |
Summary: The Zionsville real estate market had 78 homes for sale in March 2024, a 11.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 6 | 6 | 0.0% |
3 Bedrooms | 13 | 14 | +7.7% |
4 Bedrooms | 22 | 27 | +22.7% |
5+ Bedrooms | 29 | 31 | +6.9% |
Summary: The Zionsville housing inventory by bedroom type for March 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 7.7%, 4 bedroom homes increased by 22.7%, and 5+ bedroom homes increased by 6.9%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
12 | 21 | +75.0% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 21 homes were sold or pending in Zionsville in March 2024, up by 75.0% month-over-month. Of the 21 sold homes, 52% were sold under asking, 24% were sold at asking, and 24% were sold over asking.
Days on Market for Zionsville, IN
How long does it take to sell a home in Zionsville, IN?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
18 Days | 35 Days | +91.7% |
Summary: Homes in Zionsville had an average of 35 days on market in Mar 2024, up by 91.7% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During March 2024, 21 homes were sold in Zionsville; 67% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.