Is Decatur 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, Decatur County has remained a Seller's Market.
Housing Prices in Decatur County, IN
How much do homes in Decatur County, IN cost?
Median Sold Price
$204,000
$127/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Decatur County was $204,000 in April 2024, up 6.6% from last year, and the median price per square foot was $127.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $112K | $100K | -10.7% |
2 Bedrooms | $127.7K | $150K | +17.4% |
3 Bedrooms | $194.9K | $205.9K | +5.6% |
4 Bedrooms | $295K | $302.9K | +2.7% |
5+ Bedrooms | $417.5K | $325K | -22.2% |
Summary: Decatur County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10.7%, 2 bedroom homes increased by 17.4%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes decreased by 22.2%.
Median Sold Price Compared To Nearby Counties
Decatur County | $191.3K | $204K | +6.6% |
Bartholomew County | $249.6K | $257.8K | +3.3% |
Shelby County | $210K | $215.1K | +2.5% |
Ripley County | $300K | $293K | -2.3% |
Rush County | $155K | $150K | -3.2% |
Housing Supply in Decatur County, IN
How many homes are available in Decatur County, IN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
84 | 95 | +13.1% |
Summary: The Decatur County real estate market had 95 homes for sale in April 2024, a 13.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 19 | 20 | +5.3% |
3 Bedrooms | 49 | 53 | +8.2% |
4 Bedrooms | 14 | 17 | +21.4% |
5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The Decatur County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 5.3%, 3 bedroom homes increased by 8.2%, 4 bedroom homes increased by 21.4%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
20 | 36 | +80.0% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 36 homes were sold or pending in Decatur County in April 2024, up by 80.0% month-over-month. Of the 36 sold homes, 47% were sold under asking, 39% were sold at asking, and 14% were sold over asking.
Days on Market for Decatur County, IN
How long does it take to sell a home in Decatur County, IN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
25 Days | 24 Days | -5.2% |
Summary: Homes in Decatur County had an average of 24 days on market in Apr 2024, down by 5.2% compared to last year.
Breakdown of Home Sale Times
30 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 36 homes were sold in Decatur County; 83% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.