Is Near Eastside, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Near Eastside has remained a Seller's Market.
Housing Prices in Near Eastside, IN
How much do homes in Near Eastside, IN cost?
Median Sold Price
$179,985
$98/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Near Eastside was $179,985 in May 2024, up 1.2% from last year, and the median price per square foot was $98.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $57.9K | $46K | -20.6% |
2 Bedrooms | $146.6K | $146K | -0.5% |
3 Bedrooms | $201K | $195.5K | -2.7% |
4 Bedrooms | $249.9K | $221K | -11.6% |
5+ Bedrooms | $247K | $225K | -8.9% |
Summary: Near Eastside housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 20.6%, 2 bedroom homes decreased by 0.5%, 3 bedroom homes decreased by 2.7%, 4 bedroom homes decreased by 11.6%, and 5+ bedroom homes decreased by 8.9%.
Median Sold Price Compared To Nearby Neighborhoods
Near Eastside | $177.8K | $179.9K | +1.2% |
South Brookside | $190K | $147K | -22.6% |
Housing Supply in Near Eastside, IN
How many homes are available in Near Eastside, IN?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
224 | 243 | +8.5% |
Summary: The Near Eastside real estate market had 243 homes for sale in May 2024, a 8.5% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 71 | 77 | +8.5% |
3 Bedrooms | 110 | 115 | +4.5% |
4 Bedrooms | 37 | 42 | +13.5% |
5+ Bedrooms | 4 | 7 | +75.0% |
Summary: The Near Eastside 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 8.5%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 13.5%, and 5+ bedroom homes increased by 75%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
56 | 41 | -26.8% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Summary: A total of 41 homes were sold or pending in Near Eastside in May 2024, down by 26.8% month-over-month. Of the 41 sold homes, 46% were sold under asking, 24% were sold at asking, and 29% were sold over asking.
Days on Market for Near Eastside, IN
How long does it take to sell a home in Near Eastside, IN?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
49 Days | 42 Days | -14.8% |
Summary: Homes in Near Eastside had an average of 42 days on market in May 2024, down by 14.8% compared to last year.
Breakdown of Home Sale Times
26 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During May 2024, 41 homes were sold in Near Eastside; 63% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.