Is Fayette County, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Fayette County has remained a Seller's Market.
Housing Prices in Fayette County, IN
How much do homes in Fayette County, IN cost?
Median Sold Price
$145,000
$94/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in Fayette County was $145,000 in April 2024, up 7.4% from last month, and the median price per square foot was $94.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $99K | N/A |
3 Bedrooms | $187.5K | $152K | -18.9% |
4 Bedrooms | $70K | $145K | +107.1% |
5+ Bedrooms | - | - | N/A |
Summary: Fayette County housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 18.9%, 4 bedroom homes increased by 107.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Counties
Fayette County | $135K | $145K | +7.4% |
Union County | $459K | $327K | -28.8% |
Housing Supply in Fayette County, IN
How many homes are available in Fayette County, IN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
11 | 11 | 0.0% |
Summary: The Fayette County real estate market had 11 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 | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 1 | +100.0% |
3 Bedrooms | 7 | 7 | 0.0% |
4 Bedrooms | 4 | 3 | -25.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Fayette 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 100%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 3 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Fayette County in April 2024, the same as the previous month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Fayette County, IN
How long does it take to sell a home in Fayette County, IN?
Average Sale Time
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
45 Days | 54 Days | +19.0% |
Summary: Homes in Fayette County had an average of 54 days on market in Apr 2024, up by 19% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 3 homes were sold in Fayette County; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.