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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Austin is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Austin, IN

How much do homes in Austin, IN cost?

Median Sold Price

$94,000

$74/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

-$94,950(-50.3%)

Key Takeaway

Homes in Austin have sold for 50.3% less than they did a month ago.

Summary: The median home sold price in Austin was $94,000 in December 2024, down 50.3% from last month, and the median price per square foot was $74.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 $157.9K$115K
-27.2%
3 $220K$73K
-66.8%
4 --
N/A
5+ --
N/A

Summary: Austin housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 27.2%, 3 bedroom homes decreased by 66.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Austin
-50.3%
Jennings Township
-50.3%

Housing Supply in Austin, IN

How many homes are available in Austin, IN?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1114+27.3%

Summary: The Austin real estate market had 14 homes for sale in December 2024, a 27.3% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 55
0.0%
3 35
+66.7%
4 23
+50.0%
5+ 11
0.0%

Summary: The Austin housing inventory by bedroom type for December 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 66.7%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Austin, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Austin in December 2024, up by 100.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for Austin, IN

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

Average Sale Time

Nov 2024Dec 2024CHANGE
17 Days26 Days+52.9%

Summary: Homes in Austin had an average of 26 days on market in Dec 2024, up by 52.9% compared to last month.

Breakdown of Home Sale Times

3 Homes Were 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 Austin are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 4 homes were sold in Austin; 75% of homes were sold within 30 days, 25% 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 4 Days Ago

Newest Listings in Austin, IN

Nearby Markets to Austin, IN