Is Zionsville, 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, Zionsville has remained a Seller's Market.
Housing Prices in Zionsville, IN
How much do homes in Zionsville, IN cost?
Median Sold Price
$661,333
$169/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Zionsville was $661,333 in May 2024, up 6.7% from last year, and the median price per square foot was $169.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $200K | $450K | +125.0% |
2 Bedrooms | $307.4K | $289.5K | -5.8% |
3 Bedrooms | $432.5K | $449.9K | +4.0% |
4 Bedrooms | $630K | $649.4K | +3.1% |
5+ Bedrooms | $775K | $881.5K | +13.7% |
Summary: Zionsville housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 125%, 2 bedroom homes decreased by 5.8%, 3 bedroom homes increased by 4%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes increased by 13.7%.
Median Sold Price Compared To Nearby Cities
Eagle Township | $550K | $626.6K | +13.9% |
Carmel | $486.1K | $525.3K | +8.1% |
Zionsville | $620K | $661.3K | +6.7% |
Pike Township | $235K | $245.8K | +4.6% |
Worth Township | $327.2K | $330K | +0.8% |
Housing Supply in Zionsville, IN
How many homes are available in Zionsville, IN?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
129 | 150 | +16.3% |
Summary: The Zionsville real estate market had 150 homes for sale in May 2024, a 16.3% increase 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 | 3 | 5 | +66.7% |
3 Bedrooms | 36 | 42 | +16.7% |
4 Bedrooms | 42 | 49 | +16.7% |
5+ Bedrooms | 48 | 54 | +12.5% |
Summary: The Zionsville 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 66.7%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
32 | 46 | +43.8% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Summary: A total of 46 homes were sold or pending in Zionsville in May 2024, up by 43.8% month-over-month. Of the 46 sold homes, 33% were sold under asking, 28% were sold at asking, and 39% were sold over asking.
Days on Market for Zionsville, IN
How long does it take to sell a home in Zionsville, IN?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
8 Days | 19 Days | +132.7% |
Summary: Homes in Zionsville had an average of 19 days on market in May 2024, up by 132.7% compared to last year.
Breakdown of Home Sale Times
40 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 46 homes were sold in Zionsville; 87% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.