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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Batesville is a seller's market

Buyer's
Market

Difference Since May 2023

At the same time last year, Batesville was a Buyer's Market.

Key Takeaway

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

Housing Prices in Batesville, IN

How much do homes in Batesville, IN cost?

Median Sold Price

$298,000

$104/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$13,000(-4.2%)

Key Takeaway

Homes in Batesville have sold for 4.2% less than they did a year ago.

Summary: The median home sold price in Batesville was $298,000 in May 2024, down 4.2% from last year, and the median price per square foot was $104.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $159.9K$207.5K
+29.8%
3 $265K$260.5K
-1.7%
4 $383.5K$345K
-10.0%
5+ $425K$345K
-18.8%

Summary: Batesville housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 29.8%, 3 bedroom homes decreased by 1.7%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes decreased by 18.8%.

Median Sold Price Compared To Nearby Cities

Ray Township
+5.0%
Batesville
-4.2%

Housing Supply in Batesville, IN

How many homes are available in Batesville, IN?

Number of Homes For Sale

Apr 2024May 2024CHANGE
1911-42.1%

Summary: The Batesville real estate market had 11 homes for sale in May 2024, a 42.1% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 11
0.0%
3 117
-36.4%
4 53
-40.0%
5+ 20
-100.0%

Summary: The Batesville housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 36.4%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Apr 2024May 2024CHANGE
87-12.5%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Batesville, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Batesville in May 2024, down by 12.5% month-over-month. Of the 7 sold homes, 57% were sold under asking, 0% were sold at asking, and 43% were sold over asking.

Days on Market for Batesville, IN

How long does it take to sell a home in Batesville, IN?

Average Sale Time

May 2023May 2024CHANGE
78 Days4 Days-93.8%

Summary: Homes in Batesville had an average of 4 days on market in May 2024, down by 93.8% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 7 homes were sold in Batesville; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 1 Day Ago

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