Is Parke County, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Parke County has remained a Seller's Market.
Housing Prices in Parke County, IN
How much do homes in Parke County, IN cost?
Median Sold Price
$165,000
$87/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Parke County was $165,000 in April 2024, up 13.8% from last year, and the median price per square foot was $87.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $108.7K | $80.2K | -26.2% |
2 Bedrooms | $125K | $125K | 0.0% |
3 Bedrooms | $165K | $163.5K | -0.9% |
4 Bedrooms | $355K | $245K | -31.0% |
5+ Bedrooms | $125K | $387.5K | +210.0% |
Summary: Parke County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 26.2%, 2 bedroom homes did not change, 3 bedroom homes decreased by 0.9%, 4 bedroom homes decreased by 31%, and 5+ bedroom homes increased by 210%.
Median Sold Price Compared To Nearby Counties
Putnam County | $206.3K | $244.9K | +18.7% |
Parke County | $145K | $165K | +13.8% |
Fountain County | $170K | $164K | -3.5% |
Vigo County | $133.9K | $125K | -6.6% |
Housing Supply in Parke County, IN
How many homes are available in Parke County, IN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
34 | 29 | -14.7% |
Summary: The Parke County real estate market had 29 homes for sale in April 2024, a 14.7% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 8 | 6 | -25.0% |
3 Bedrooms | 14 | 10 | -28.6% |
4 Bedrooms | 6 | 8 | +33.3% |
5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Parke 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 decreased by 25%, 3 bedroom homes decreased by 28.6%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 7 | +40.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Parke County in April 2024, up by 40.0% month-over-month. Of the 7 sold homes, 57% were sold under asking, 14% were sold at asking, and 29% were sold over asking.
Days on Market for Parke County, IN
How long does it take to sell a home in Parke County, IN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
34 Days | 29 Days | -15.1% |
Summary: Homes in Parke County had an average of 29 days on market in Apr 2024, down by 15.1% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 7 homes were sold in Parke County; 71% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.