Is Chatham Arch & Mass. Ave., IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Chatham Arch & Mass. Ave. was a Seller's Market.
Housing Prices in Chatham Arch & Mass. Ave., IN
How much do homes in Chatham Arch & Mass. Ave., IN cost?
Median Sold Price
$387,000
$303/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Chatham Arch & Mass. Ave. was $387,000 in April 2024, down 8.6% from last year, and the median price per square foot was $303.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $335K | $325K | -3.0% |
2 Bedrooms | $382.5K | $361.2K | -5.6% |
3 Bedrooms | $744.4K | $762.5K | +2.4% |
4 Bedrooms | - | $1.0M | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Chatham Arch & Mass. Ave. housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3%, 2 bedroom homes decreased by 5.6%, 3 bedroom homes increased by 2.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
College Corner | $425.7K | $607.5K | +42.7% |
Lockerbie Square | $377.5K | $445K | +17.9% |
Downtown | $358.7K | $372.5K | +3.8% |
Chatham Arch & Mass. Ave. | $423.3K | $387K | -8.6% |
Housing Supply in Chatham Arch & Mass. Ave., IN
How many homes are available in Chatham Arch & Mass. Ave., IN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
25 | 25 | 0.0% |
Summary: The Chatham Arch & Mass. Ave. real estate market had 25 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 | 3 | 4 | +33.3% |
2 Bedrooms | 13 | 13 | 0.0% |
3 Bedrooms | 6 | 6 | 0.0% |
4 Bedrooms | 2 | 1 | -50.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Chatham Arch & Mass. Ave. housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 1 | -83.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Chatham Arch & Mass. Ave. in April 2024, down by 83.3% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Chatham Arch & Mass. Ave., IN
How long does it take to sell a home in Chatham Arch & Mass. Ave., IN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
4 Days | 11 Days | +175.0% |
Summary: Homes in Chatham Arch & Mass. Ave. had an average of 11 days on market in Apr 2024, up by 175% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 1 homes were sold in Chatham Arch & Mass. Ave.; 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.