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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Andrews is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Andrews was a Neutral Market.

Key Takeaway

Andrews is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Andrews, IN

How much do homes in Andrews, IN cost?

Median Sold Price

$275,500

$157/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$140,500(+104.1%)

Key Takeaway

Homes in Andrews have sold for 104.1% more than they did a month ago.

Summary: The median home sold price in Andrews was $275,500 in October 2024, up 104.1% from last month, and the median price per square foot was $157.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $135K-
N/A
3 -$275.5K
N/A
4 --
N/A
5+ --
N/A

Summary: Andrews 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 did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Andrews
+104.1%
Dallas Township
-47.8%

Housing Supply in Andrews, IN

How many homes are available in Andrews, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
68+33.3%

Summary: The Andrews real estate market had 8 homes for sale in October 2024, a 33.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 22
0.0%
4 13
+200.0%
5+ 11
0.0%

Summary: The Andrews 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 200%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Andrews, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Andrews in October 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Andrews, 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 4 Days Ago

Newest Listings in Andrews, IN

Nearby Markets to Andrews, IN