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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brown County is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Brown County, IN

How much do homes in Brown County, IN cost?

Median Sold Price

$361,250

$193/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$36,250(+11.2%)

Key Takeaway

Homes in Brown County have sold for 11.2% more than they did a year ago.

Summary: The median home sold price in Brown County was $361,250 in April 2024, up 11.2% from last year, and the median price per square foot was $193.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $249K$317.5K
+27.5%
2 $297.5K$295K
-0.8%
3 $335K$390K
+16.4%
4 $500K$516.5K
+3.3%
5+ $940K-
N/A

Summary: Brown County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 27.5%, 2 bedroom homes decreased by 0.8%, 3 bedroom homes increased by 16.4%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

Brown County
+11.2%
Morgan County
+4.0%
Bartholomew County
+3.3%
Johnson County
+3.2%

Housing Supply in Brown County, IN

How many homes are available in Brown County, IN?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
46460.0%

Summary: The Brown County real estate market had 46 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 22
0.0%
2 1211
-8.3%
3 2725
-7.4%
4 57
+40.0%
5+ 01
+100.0%

Summary: The Brown 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 decreased by 8.3%, 3 bedroom homes decreased by 7.4%, 4 bedroom homes increased by 40%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
880.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Brown County, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Brown County in April 2024, the same as the previous month. Of the 8 sold homes, 63% were sold under asking, 25% were sold at asking, and 13% were sold over asking.

Days on Market for Brown County, IN

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

Average Sale Time

Apr 2023Apr 2024CHANGE
68 Days63 Days-7.0%

Summary: Homes in Brown County had an average of 63 days on market in Apr 2024, down by 7% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 8 homes were sold in Brown County; 38% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 38% 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 Brown County, IN

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