Is Bartholomew County, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bartholomew County is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Bartholomew County, IN

How much do homes in Bartholomew County, IN cost?

Median Sold Price

$264,100

$139/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$9,460(+3.7%)

Key Takeaway

Homes in Bartholomew County have sold for 3.7% more than they did a year ago.

Summary: The median home sold price in Bartholomew County was $264,100 in October 2024, up 3.7% from last year, and the median price per square foot was $139.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $115K$127.3K
+10.7%
2 $161K$175K
+8.7%
3 $239.6K$250K
+4.3%
4 $359.4K$360K
0.2%
5+ $480K$485K
+1.0%

Summary: Bartholomew County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.7%, 2 bedroom homes increased by 8.7%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 0.2%, and 5+ bedroom homes increased by 1%.

Median Sold Price Compared To Nearby Counties

Brown County
+6.3%
Jennings County
+5.4%
Shelby County
+5.2%
Bartholomew County
+3.7%
Decatur County
+3.3%

Housing Supply in Bartholomew County, IN

How many homes are available in Bartholomew County, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
349320-8.3%

Summary: The Bartholomew County real estate market had 320 homes for sale in October 2024, a 8.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 21
-50.0%
2 6061
+1.7%
3 153133
-13.1%
4 9292
0.0%
5+ 4233
-21.4%

Summary: The Bartholomew County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 1.7%, 3 bedroom homes decreased by 13.1%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 21.4%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
9791-6.2%

Asking Price vs. Sold Price

55 Homes Were Sold
Under Asking

22 Homes Were Sold
At Asking

13 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bartholomew County, you may be able to get a good deal. 61.1% of homes here sold below asking price last month.

Summary: A total of 91 homes were sold or pending in Bartholomew County in October 2024, down by 6.2% month-over-month. Of the 90 sold homes, 61% were sold under asking, 24% were sold at asking, and 14% were sold over asking.

Days on Market for Bartholomew County, IN

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

Average Sale Time

Oct 2023Oct 2024CHANGE
20 Days41 Days+98.4%

Summary: Homes in Bartholomew County had an average of 41 days on market in Oct 2024, up by 98.4% compared to last year.

Breakdown of Home Sale Times

46 Homes Were Sold
Under 30 Days

28 Homes Were Sold
In 30 - 90 Days

12 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 91 homes were sold in Bartholomew County; 51% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 13% 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 14 Days Ago

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