Is Brown County, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Brown County has remained a Seller's Market.
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
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
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $249K | $317.5K | +27.5% |
2 Bedrooms | $297.5K | $295K | -0.8% |
3 Bedrooms | $335K | $390K | +16.4% |
4 Bedrooms | $500K | $516.5K | +3.3% |
5+ Bedrooms | $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 | $325K | $361.2K | +11.2% |
Morgan County | $264.2K | $274.8K | +4.0% |
Bartholomew County | $249.6K | $257.8K | +3.3% |
Johnson County | $290.5K | $299.9K | +3.2% |
Housing Supply in Brown County, IN
How many homes are available in Brown County, IN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
46 | 46 | 0.0% |
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
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 12 | 11 | -8.3% |
3 Bedrooms | 27 | 25 | -7.4% |
4 Bedrooms | 5 | 7 | +40.0% |
5+ Bedrooms | 0 | 1 | +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 2024 | Apr 2024 | CHANGE |
---|---|---|
8 | 8 | 0.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
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 2023 | Apr 2024 | CHANGE |
---|---|---|
68 Days | 63 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
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.