Is Howard County, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Howard County was a Buyer's Market.
Housing Prices in Howard County, IN
How much do homes in Howard County, IN cost?
Median Sold Price
$187,000
$117/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Summary: The median home sold price in Howard County was $187,000 in May 2024, up 1.1% from last month, and the median price per square foot was $117.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $185K | $168.7K | -8.8% |
3 Bedrooms | $172.5K | $184.7K | +7.1% |
4 Bedrooms | $300K | $206K | -31.3% |
5+ Bedrooms | $615K | $358.5K | -41.7% |
Summary: Howard County housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 8.8%, 3 bedroom homes increased by 7.1%, 4 bedroom homes decreased by 31.3%, and 5+ bedroom homes decreased by 41.7%.
Housing Supply in Howard County, IN
How many homes are available in Howard County, IN?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
81 | 152 | +87.7% |
Summary: The Howard County real estate market had 152 homes for sale in May 2024, a 87.7% 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 | 19 | +46.2% |
3 Bedrooms | 44 | 81 | +84.1% |
4 Bedrooms | 20 | 46 | +130.0% |
5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The Howard County 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 46.2%, 3 bedroom homes increased by 84.1%, 4 bedroom homes increased by 130%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
9 | 47 | +422.2% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
20 Homes Were Sold
Over Asking
Summary: A total of 47 homes were sold or pending in Howard County in May 2024, up by 422.2% month-over-month. Of the 47 sold homes, 28% were sold under asking, 30% were sold at asking, and 43% were sold over asking.
Days on Market for Howard County, IN
How long does it take to sell a home in Howard County, IN?
Average Sale Time
Apr 2024 | May 2024 | CHANGE |
---|---|---|
1 Day | 42 Days | +4116.7% |
Summary: Homes in Howard County had an average of 42 days on market in May 2024, up by 4116.7% compared to last month.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 47 homes were sold in Howard County; 23% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.