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

$171,000

$111/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$19,950(-10.4%)

Key Takeaway

Homes in Adams County have sold for 10.4% less than they did a month ago.

Summary: The median home sold price in Adams County was $171,000 in November 2024, down 10.4% from last month, and the median price per square foot was $111.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 -$130K
N/A
2 $112.2K$130K
+15.8%
3 $210K$195K
-7.1%
4 $170K$208.5K
+22.6%
5+ $295K-
N/A

Summary: Adams County housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 15.8%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes increased by 22.6%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

Wells County
+5.1%
Adams County
-10.4%
Jay County
-15.4%

Housing Supply in Adams County, IN

How many homes are available in Adams County, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
8177-4.9%

Summary: The Adams County real estate market had 77 homes for sale in November 2024, a 4.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 23
+50.0%
2 1616
0.0%
3 4644
-4.3%
4 1312
-7.7%
5+ 42
-50.0%

Summary: The Adams County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 4.3%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2123+9.5%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

1 Home Was 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. 65.2% of homes here sold below asking price last month.

Summary: A total of 23 homes were sold or pending in Adams County in November 2024, up by 9.5% month-over-month. Of the 23 sold homes, 65% were sold under asking, 30% were sold at asking, and 4% were sold over asking.

Days on Market for Adams County, IN

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

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 23 homes were sold in Adams County; 4% of homes were sold within 30 days, 4% of homes were sold within 30 to 90 days, and 0% 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 20 Days Ago

Newest Listings in Adams County, IN

Nearby Markets to Adams County, IN

What housing markets are near Adams County, IN?