Is Blackford County, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Blackford County is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Blackford County has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Blackford County, IN

How much do homes in Blackford County, IN cost?

Median Sold Price

$129,900

$88/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$23,900(+22.5%)

Key Takeaway

Homes in Blackford County have sold for 22.5% more than they did a year ago.

Summary: The median home sold price in Blackford County was $129,900 in April 2024, up 22.5% from last year, and the median price per square foot was $88.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $28K-
N/A
2 $96.9K$50.9K
-47.5%
3 $110K$124.9K
+13.6%
4 $189.9K$308K
+62.2%
5+ $235K$300K
+27.7%

Summary: Blackford County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 47.5%, 3 bedroom homes increased by 13.6%, 4 bedroom homes increased by 62.2%, and 5+ bedroom homes increased by 27.7%.

Median Sold Price Compared To Nearby Counties

Blackford County
+22.5%
Delaware County
0.5%

Housing Supply in Blackford County, IN

How many homes are available in Blackford County, IN?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2027+35.0%

Summary: The Blackford County real estate market had 27 homes for sale in April 2024, a 35.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 56
+20.0%
3 1013
+30.0%
4 47
+75.0%
5+ 11
0.0%

Summary: The Blackford County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 30%, 4 bedroom homes increased by 75%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
17+600.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Blackford County, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Blackford County in April 2024, up by 600.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Blackford County, IN

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

Average Sale Time

Apr 2023Apr 2024CHANGE
150 Days4 Days-97.3%

Summary: Homes in Blackford County had an average of 4 days on market in Apr 2024, down by 97.3% compared to last year.

Breakdown of Home Sale Times

2 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 Blackford County are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 7 homes were sold in Blackford County; 29% 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 5 Days Ago

Newest Listings in Blackford County, IN

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