Is Gas City, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Gas City is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Gas City has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Gas City, IN

How much do homes in Gas City, IN cost?

Median Sold Price

$312,000

$175/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

+$168,000(+116.7%)

Key Takeaway

Homes in Gas City have sold for 116.7% more than they did a month ago.

Summary: The median home sold price in Gas City was $312,000 in May 2024, up 116.7% from last month, and the median price per square foot was $175.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 --
N/A
3 $144K$385K
+167.4%
4 -$239K
N/A
5+ --
N/A

Summary: Gas City housing prices by bedroom type for May 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 increased by 167.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Gas City, IN

How many homes are available in Gas City, IN?

Number of Homes For Sale

Apr 2024May 2024CHANGE
410+150.0%

Summary: The Gas City real estate market had 10 homes for sale in May 2024, a 150.0% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 00
0.0%
3 36
+100.0%
4 14
+300.0%
5+ 00
0.0%

Summary: The Gas City 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 remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 300%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Gas City, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 2 homes were sold or pending in Gas City in May 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Gas City, IN

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in Gas City, IN

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