Is Crawfordsville, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Crawfordsville is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Crawfordsville, IN

How much do homes in Crawfordsville, IN cost?

Median Sold Price

$187,750

$107/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$27,750(+17.3%)

Key Takeaway

Homes in Crawfordsville have sold for 17.3% more than they did a year ago.

Summary: The median home sold price in Crawfordsville was $187,750 in May 2024, up 17.3% from last year, and the median price per square foot was $107.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $73.7K$52.5K
-28.8%
2 $141.5K$155K
+9.5%
3 $160K$199.9K
+25.0%
4 $205K$263K
+28.3%
5+ $255K$257K
+0.8%

Summary: Crawfordsville housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 28.8%, 2 bedroom homes increased by 9.5%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 28.3%, and 5+ bedroom homes increased by 0.8%.

Median Sold Price Compared To Nearby Cities

Crawfordsville
+17.3%
Union Township
+5.9%

Housing Supply in Crawfordsville, IN

How many homes are available in Crawfordsville, IN?

Number of Homes For Sale

Apr 2024May 2024CHANGE
104111+6.7%

Summary: The Crawfordsville real estate market had 111 homes for sale in May 2024, a 6.7% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 2431
+29.2%
3 5455
+1.9%
4 2119
-9.5%
5+ 56
+20.0%

Summary: The Crawfordsville 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 increased by 29.2%, 3 bedroom homes increased by 1.9%, 4 bedroom homes decreased by 9.5%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Apr 2024May 2024CHANGE
3134+9.7%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Crawfordsville, you may be able to get a good deal. 44.1% of homes here sold below asking price last month.

Summary: A total of 34 homes were sold or pending in Crawfordsville in May 2024, up by 9.7% month-over-month. Of the 34 sold homes, 44% were sold under asking, 21% were sold at asking, and 35% were sold over asking.

Days on Market for Crawfordsville, IN

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

Average Sale Time

May 2023May 2024CHANGE
48 Days13 Days-72.1%

Summary: Homes in Crawfordsville had an average of 13 days on market in May 2024, down by 72.1% compared to last year.

Breakdown of Home Sale Times

27 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 34 homes were sold in Crawfordsville; 79% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 3% 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 1 Day Ago

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