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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Batesville is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Batesville, IN

How much do homes in Batesville, IN cost?

Median Sold Price

$292,500

$105/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$17,000(-5.5%)

Key Takeaway

Homes in Batesville have sold for 5.5% less than they did a year ago.

Summary: The median home sold price in Batesville was $292,500 in October 2024, down 5.5% from last year, and the median price per square foot was $105.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $101.9K$280K
+174.6%
3 $270K$268.9K
-0.4%
4 $361.5K$324.9K
-10.1%
5+ $372.5K$648.9K
+74.2%

Summary: Batesville 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 increased by 174.6%, 3 bedroom homes decreased by 0.4%, 4 bedroom homes decreased by 10.1%, and 5+ bedroom homes increased by 74.2%.

Median Sold Price Compared To Nearby Cities

Ray Township
+3.2%
Batesville
-5.5%
Laughery Township
-12.3%

Housing Supply in Batesville, IN

How many homes are available in Batesville, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1814-22.2%

Summary: The Batesville real estate market had 14 homes for sale in October 2024, a 22.2% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 32
-33.3%
3 64
-33.3%
4 76
-14.3%
5+ 11
0.0%

Summary: The Batesville 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 33.3%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
75-28.6%

Asking Price vs. Sold Price

4 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 Batesville, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Batesville in October 2024, down by 28.6% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.

Days on Market for Batesville, IN

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

Average Sale Time

Oct 2023Oct 2024CHANGE
86 Days16 Days-81.0%

Summary: Homes in Batesville had an average of 16 days on market in Oct 2024, down by 81% compared to last year.

Breakdown of Home Sale Times

4 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 Batesville are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 5 homes were sold in Batesville; 80% of homes were sold within 30 days, 20% 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 17 Days Ago

Newest Listings in Batesville, IN

Nearby Markets to Batesville, IN

What housing markets are near Batesville, IN?