Is Batesville, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Batesville was a Buyer's Market.
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
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
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $159.9K | $207.5K | +29.8% |
3 Bedrooms | $265K | $260.5K | -1.7% |
4 Bedrooms | $383.5K | $345K | -10.0% |
5+ Bedrooms | $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 | $300K | $314.9K | +5.0% |
Batesville | $311K | $298K | -4.2% |
Housing Supply in Batesville, IN
How many homes are available in Batesville, IN?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
19 | 11 | -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
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 11 | 7 | -36.4% |
4 Bedrooms | 5 | 3 | -40.0% |
5+ Bedrooms | 2 | 0 | -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 2024 | May 2024 | CHANGE |
---|---|---|
8 | 7 | -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
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 2023 | May 2024 | CHANGE |
---|---|---|
78 Days | 4 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
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.