Is Vigo 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, Vigo County has remained a Seller's Market.
Housing Prices in Vigo County, IN
How much do homes in Vigo County, IN cost?
Median Sold Price
$125,000
$85/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Vigo County was $125,000 in April 2024, down 6.6% from last year, and the median price per square foot was $85.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $40K | $67.2K | +68.1% |
2 Bedrooms | $89K | $84.9K | -4.6% |
3 Bedrooms | $145.2K | $148K | +1.9% |
4 Bedrooms | $235K | $240K | +2.1% |
5+ Bedrooms | $470K | $199K | -57.7% |
Summary: Vigo County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 68.1%, 2 bedroom homes decreased by 4.6%, 3 bedroom homes increased by 1.9%, 4 bedroom homes increased by 2.1%, and 5+ bedroom homes decreased by 57.7%.
Median Sold Price Compared To Nearby Counties
Parke County | $145K | $165K | +13.8% |
Clay County | $151K | $143K | -5.3% |
Vigo County | $133.9K | $125K | -6.6% |
Housing Supply in Vigo County, IN
How many homes are available in Vigo County, IN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
90 | 89 | -1.1% |
Summary: The Vigo County real estate market had 89 homes for sale in April 2024, a 1.1% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 21 | 18 | -14.3% |
3 Bedrooms | 40 | 42 | +5.0% |
4 Bedrooms | 20 | 22 | +10.0% |
5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The Vigo County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 14.3%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 10%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
23 | 24 | +4.3% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 24 homes were sold or pending in Vigo County in April 2024, up by 4.3% month-over-month. Of the 24 sold homes, 71% were sold under asking, 21% were sold at asking, and 8% were sold over asking.
Days on Market for Vigo County, IN
How long does it take to sell a home in Vigo County, IN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
30 Days | 80 Days | +168.2% |
Summary: Homes in Vigo County had an average of 80 days on market in Apr 2024, up by 168.2% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During April 2024, 24 homes were sold in Vigo County; 42% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.