Is Adams County, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Adams County is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Adams County has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Adams County, IN

How much do homes in Adams County, IN cost?

Median Sold Price

$190,950

$111/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$15,550(-7.5%)

Key Takeaway

Homes in Adams County have sold for 7.5% less than they did a month ago.

Summary: The median home sold price in Adams County was $190,950 in October 2024, down 7.5% from last month, and the median price per square foot was $111.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $137.5K$112.2K
-18.4%
3 $229.9K$210K
-8.7%
4 $165K$170K
+3.0%
5+ -$295K
N/A

Summary: Adams County housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 18.4%, 3 bedroom homes decreased by 8.7%, 4 bedroom homes increased by 3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

Adams County
-7.5%
Jay County
-26.4%
Wells County
-31.3%

Housing Supply in Adams County, IN

How many homes are available in Adams County, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
8482-2.4%

Summary: The Adams County real estate market had 82 homes for sale in October 2024, a 2.4% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 1916
-15.8%
3 4946
-6.1%
4 1114
+27.3%
5+ 34
+33.3%

Summary: The Adams County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 15.8%, 3 bedroom homes decreased by 6.1%, 4 bedroom homes increased by 27.3%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3022-26.7%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Adams County, you may be able to get a good deal. 35% of homes here sold below asking price last month.

Summary: A total of 22 homes were sold or pending in Adams County in October 2024, down by 26.7% month-over-month. Of the 20 sold homes, 35% were sold under asking, 35% were sold at asking, and 30% were sold over asking.

Days on Market for Adams County, IN

We’re sorry, we don't have information for this market at the moment

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

Report Updated 20 Days Ago

Newest Listings in Adams County, IN

Nearby Markets to Adams County, IN

What housing markets are near Adams County, IN?