Is East Warren, 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, East Warren has remained a Seller's Market.
Housing Prices in East Warren, IN
How much do homes in East Warren, IN cost?
Median Sold Price
$205,000
$127/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in East Warren was $205,000 in May 2024, up 1.5% from last year, and the median price per square foot was $127.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $90K | - | N/A |
2 Bedrooms | $165K | $169.4K | +2.7% |
3 Bedrooms | $203K | $210K | +3.4% |
4 Bedrooms | $233K | $230K | -1.3% |
5+ Bedrooms | $245.5K | $269K | +9.6% |
Summary: East Warren housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.7%, 3 bedroom homes increased by 3.4%, 4 bedroom homes decreased by 1.3%, and 5+ bedroom homes increased by 9.6%.
Housing Supply in East Warren, IN
How many homes are available in East Warren, IN?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
77 | 85 | +10.4% |
Summary: The East Warren real estate market had 85 homes for sale in May 2024, a 10.4% 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 | 13 | 17 | +30.8% |
3 Bedrooms | 42 | 44 | +4.8% |
4 Bedrooms | 19 | 21 | +10.5% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The East Warren 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 30.8%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 10.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
19 | 32 | +68.4% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 32 homes were sold or pending in East Warren in May 2024, up by 68.4% month-over-month. Of the 32 sold homes, 59% were sold under asking, 19% were sold at asking, and 22% were sold over asking.
Days on Market for East Warren, IN
How long does it take to sell a home in East Warren, IN?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
24 Days | 37 Days | +53.8% |
Summary: Homes in East Warren had an average of 37 days on market in May 2024, up by 53.8% compared to last year.
Breakdown of Home Sale Times
24 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During May 2024, 32 homes were sold in East Warren; 75% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.