Is Pittsboro, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pittsboro is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Pittsboro has remained a Seller's Market.

Key Takeaway

Pittsboro is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Pittsboro, IN

How much do homes in Pittsboro, IN cost?

Median Sold Price

$351,000

$167/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$20,000(+6.0%)

Key Takeaway

Homes in Pittsboro have sold for 6% more than they did a year ago.

Summary: The median home sold price in Pittsboro was $351,000 in April 2024, up 6% from last year, and the median price per square foot was $167.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $325.9K$273.5K
-16.1%
3 $307K$315K
+2.6%
4 $368K$396.5K
+7.7%
5+ $402K$453K
+12.7%

Summary: Pittsboro housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 16.1%, 3 bedroom homes increased by 2.6%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 12.7%.

Median Sold Price Compared To Nearby Cities

Brownsburg
+16.1%
Pittsboro
+6.0%
Brown Township
+4.0%
Middle Township
+3.3%

Housing Supply in Pittsboro, IN

How many homes are available in Pittsboro, IN?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1824+33.3%

Summary: The Pittsboro real estate market had 24 homes for sale in April 2024, a 33.3% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 611
+83.3%
4 911
+22.2%
5+ 32
-33.3%

Summary: The Pittsboro housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 83.3%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
48+100.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pittsboro, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Pittsboro in April 2024, up by 100.0% month-over-month. Of the 8 sold homes, 63% were sold under asking, 13% were sold at asking, and 25% were sold over asking.

Days on Market for Pittsboro, IN

How long does it take to sell a home in Pittsboro, IN?

Average Sale Time

Apr 2023Apr 2024CHANGE
10 Days34 Days+234.1%

Summary: Homes in Pittsboro had an average of 34 days on market in Apr 2024, up by 234.1% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Pittsboro are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 8 homes were sold in Pittsboro; 63% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Pittsboro, IN

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