Is Henry 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, Henry County has remained a Seller's Market.
Housing Prices in Henry County, IN
How much do homes in Henry County, IN cost?
Median Sold Price
$157,239
$91/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Henry County was $157,239 in April 2024, up 16.1% from last year, and the median price per square foot was $91.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $120K | $100K | -16.7% |
2 Bedrooms | $84.9K | $115K | +35.4% |
3 Bedrooms | $158.9K | $161.8K | +1.9% |
4 Bedrooms | $179.9K | $205K | +13.9% |
5+ Bedrooms | $309K | $287K | -7.1% |
Summary: Henry County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 16.7%, 2 bedroom homes increased by 35.4%, 3 bedroom homes increased by 1.9%, 4 bedroom homes increased by 13.9%, and 5+ bedroom homes decreased by 7.1%.
Median Sold Price Compared To Nearby Counties
Henry County | $135.4K | $157.2K | +16.1% |
Delaware County | $144.2K | $144.9K | 0.5% |
Hancock County | $334.5K | $336.2K | 0.5% |
Housing Supply in Henry County, IN
How many homes are available in Henry County, IN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
190 | 218 | +14.7% |
Summary: The Henry County real estate market had 218 homes for sale in April 2024, a 14.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 3 | +50.0% |
2 Bedrooms | 56 | 57 | +1.8% |
3 Bedrooms | 82 | 95 | +15.9% |
4 Bedrooms | 33 | 45 | +36.4% |
5+ Bedrooms | 17 | 18 | +5.9% |
Summary: The Henry County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 1.8%, 3 bedroom homes increased by 15.9%, 4 bedroom homes increased by 36.4%, and 5+ bedroom homes increased by 5.9%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
34 | 77 | +126.5% |
Asking Price vs. Sold Price
36 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
27 Homes Were Sold
Over Asking
Summary: A total of 77 homes were sold or pending in Henry County in April 2024, up by 126.5% month-over-month. Of the 77 sold homes, 47% were sold under asking, 18% were sold at asking, and 35% were sold over asking.
Days on Market for Henry County, IN
How long does it take to sell a home in Henry County, IN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
40 Days | 36 Days | -8.9% |
Summary: Homes in Henry County had an average of 36 days on market in Apr 2024, down by 8.9% compared to last year.
Breakdown of Home Sale Times
34 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During April 2024, 77 homes were sold in Henry County; 44% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.