Is Owen 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, Owen County has remained a Seller's Market.
Housing Prices in Owen County, IN
How much do homes in Owen County, IN cost?
Median Sold Price
$243,000
$139/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Owen County was $243,000 in April 2024, up 18.5% from last year, and the median price per square foot was $139.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $127K | $79.9K | -37.1% |
2 Bedrooms | $152.5K | $145K | -4.9% |
3 Bedrooms | $225K | $257.5K | +14.4% |
4 Bedrooms | $273.7K | $340K | +24.2% |
5+ Bedrooms | - | $365K | N/A |
Summary: Owen County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 37.1%, 2 bedroom homes decreased by 4.9%, 3 bedroom homes increased by 14.4%, 4 bedroom homes increased by 24.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Counties
Putnam County | $206.3K | $244.9K | +18.7% |
Owen County | $205K | $243K | +18.5% |
Clay County | $151K | $143K | -5.3% |
Housing Supply in Owen County, IN
How many homes are available in Owen County, IN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
56 | 68 | +21.4% |
Summary: The Owen County real estate market had 68 homes for sale in April 2024, a 21.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 4 | +33.3% |
2 Bedrooms | 7 | 8 | +14.3% |
3 Bedrooms | 30 | 35 | +16.7% |
4 Bedrooms | 14 | 19 | +35.7% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Owen County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 35.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 | 15 | +66.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in Owen County in April 2024, up by 66.7% month-over-month. Of the 14 sold homes, 36% were sold under asking, 50% were sold at asking, and 14% were sold over asking.
Days on Market for Owen County, IN
How long does it take to sell a home in Owen County, IN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
55 Days | 36 Days | -35.5% |
Summary: Homes in Owen County had an average of 36 days on market in Apr 2024, down by 35.5% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 15 homes were sold in Owen County; 40% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.