Is Wabash, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wabash is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Wabash was a Buyer's Market.

Key Takeaway

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

Housing Prices in Wabash, IN

How much do homes in Wabash, IN cost?

Median Sold Price

$201,000

$114/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

+$51,000(+34.0%)

Key Takeaway

Homes in Wabash have sold for 34% more than they did a month ago.

Summary: The median home sold price in Wabash was $201,000 in May 2024, up 34% from last month, and the median price per square foot was $114.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 --
N/A
3 $150K$210K
+40.0%
4 -$168.5K
N/A
5+ --
N/A

Summary: Wabash 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 40%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Wabash, IN

How many homes are available in Wabash, IN?

Number of Homes For Sale

Apr 2024May 2024CHANGE
1423+64.3%

Summary: The Wabash real estate market had 23 homes for sale in May 2024, a 64.3% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 1016
+60.0%
4 23
+50.0%
5+ 12
+100.0%

Summary: The Wabash 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 100%, 3 bedroom homes increased by 60%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Apr 2024May 2024CHANGE
16+500.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wabash, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Wabash in May 2024, up by 500.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 17% were sold at asking, and 0% were sold over asking.

Days on Market for Wabash, 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 Wabash, IN

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