Is Rushville, 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, Rushville has remained a Seller's Market.
Housing Prices in Rushville, IN
How much do homes in Rushville, IN cost?
Median Sold Price
$141,000
$96/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Rushville was $141,000 in May 2024, down 2.8% from last year, and the median price per square foot was $96.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $105K | $92.5K | -11.9% |
3 Bedrooms | $155.5K | $178.3K | +14.7% |
4 Bedrooms | $174.5K | $222.4K | +27.5% |
5+ Bedrooms | - | $415K | N/A |
Summary: Rushville housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 11.9%, 3 bedroom homes increased by 14.7%, 4 bedroom homes increased by 27.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Rushville | $145K | $141K | -2.8% |
Rushville Township | $150K | $141K | -6.0% |
Housing Supply in Rushville, IN
How many homes are available in Rushville, IN?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
38 | 35 | -7.9% |
Summary: The Rushville real estate market had 35 homes for sale in May 2024, a 7.9% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 7 | 6 | -14.3% |
3 Bedrooms | 17 | 17 | 0.0% |
4 Bedrooms | 11 | 9 | -18.2% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Rushville 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 decreased by 14.3%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 18.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
13 | 8 | -38.5% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Rushville in May 2024, down by 38.5% month-over-month. Of the 8 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for Rushville, IN
How long does it take to sell a home in Rushville, IN?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
17 Days | 50 Days | +196.9% |
Summary: Homes in Rushville had an average of 50 days on market in May 2024, up by 196.9% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 8 homes were sold in Rushville; 50% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.