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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Avon is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Avon has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Avon, IN

How much do homes in Avon, IN cost?

Median Sold Price

$342,187

$153/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$24,222(+7.6%)

Key Takeaway

Homes in Avon have sold for 7.6% more than they did a year ago.

Summary: The median home sold price in Avon was $342,187 in November 2024, up 7.6% from last year, and the median price per square foot was $153.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $127K-
N/A
2 $250K$240K
-4.0%
3 $289.7K$304K
+4.9%
4 $362.5K$381.9K
+5.4%
5+ $425K$446.6K
+5.1%

Summary: Avon housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 4%, 3 bedroom homes increased by 4.9%, 4 bedroom homes increased by 5.4%, and 5+ bedroom homes increased by 5.1%.

Median Sold Price Compared To Nearby Cities

Avon
+7.6%
Plainfield
+6.6%
Brownsburg
+5.3%
Washington Township
+3.8%
Lincoln Township
+1.3%

Housing Supply in Avon, IN

How many homes are available in Avon, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
202179-11.4%

Summary: The Avon real estate market had 179 homes for sale in November 2024, a 11.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 2116
-23.8%
3 9078
-13.3%
4 6662
-6.1%
5+ 2523
-8.0%

Summary: The Avon housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 23.8%, 3 bedroom homes decreased by 13.3%, 4 bedroom homes decreased by 6.1%, and 5+ bedroom homes decreased by 8%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
6534-47.7%

Asking Price vs. Sold Price

22 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Avon, you may be able to get a good deal. 64.7% of homes here sold below asking price last month.

Summary: A total of 34 homes were sold or pending in Avon in November 2024, down by 47.7% month-over-month. Of the 34 sold homes, 65% were sold under asking, 26% were sold at asking, and 9% were sold over asking.

Days on Market for Avon, IN

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

Average Sale Time

Nov 2023Nov 2024CHANGE
36 Days35 Days-1.5%

Summary: Homes in Avon had an average of 35 days on market in Nov 2024, down by 1.5% compared to last year.

Breakdown of Home Sale Times

20 Homes Were Sold
Under 30 Days

13 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 34 homes were sold in Avon; 59% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 3% 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

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