Is Augusta / New Augusta, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Augusta / New Augusta is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Augusta / New Augusta has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Augusta / New Augusta, IN

How much do homes in Augusta / New Augusta, IN cost?

Median Sold Price

$266,750

$142/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$8,000(+3.1%)

Key Takeaway

Homes in Augusta / New Augusta have sold for 3.1% more than they did a year ago.

Summary: The median home sold price in Augusta / New Augusta was $266,750 in October 2024, up 3.1% from last year, and the median price per square foot was $142.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $165K$157K
-4.8%
3 $250K$250K
0.0%
4 $300K$310K
+3.3%
5+ $355K$336K
-5.4%

Summary: Augusta / New Augusta housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 4.8%, 3 bedroom homes did not change, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes decreased by 5.4%.

Housing Supply in Augusta / New Augusta, IN

How many homes are available in Augusta / New Augusta, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4145+9.8%

Summary: The Augusta / New Augusta real estate market had 45 homes for sale in October 2024, a 9.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 53
-40.0%
3 1824
+33.3%
4 1717
0.0%
5+ 11
0.0%

Summary: The Augusta / New Augusta 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 40%, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1311-15.4%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Augusta / New Augusta, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in Augusta / New Augusta in October 2024, down by 15.4% month-over-month. Of the 11 sold homes, 55% were sold under asking, 36% were sold at asking, and 9% were sold over asking.

Days on Market for Augusta / New Augusta, IN

How long does it take to sell a home in Augusta / New Augusta, IN?

Average Sale Time

Oct 2023Oct 2024CHANGE
10 Days36 Days+235.1%

Summary: Homes in Augusta / New Augusta had an average of 36 days on market in Oct 2024, up by 235.1% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 11 homes were sold in Augusta / New Augusta; 64% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 9% 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 13 Days Ago

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