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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Berne is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Berne was a Neutral Market.

Key Takeaway

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

Housing Prices in Berne, IN

How much do homes in Berne, IN cost?

Median Sold Price

$344,967

$135/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$177,467(+106.0%)

Key Takeaway

Homes in Berne have sold for 106% more than they did a month ago.

Summary: The median home sold price in Berne was $344,967 in October 2024, up 106% from last month, and the median price per square foot was $135.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $210K$344.9K
+64.3%
4 $125K-
N/A
5+ --
N/A

Summary: Berne housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 64.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Berne
+106.0%
Monroe Township
+54.0%
Wabash Township
-1.7%

Housing Supply in Berne, IN

How many homes are available in Berne, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1323+76.9%

Summary: The Berne real estate market had 23 homes for sale in October 2024, a 76.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 915
+66.7%
4 36
+100.0%
5+ 11
0.0%

Summary: The Berne 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 increased by 100%, 3 bedroom homes increased by 66.7%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
26+200.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Berne, expect to pay close to the asking price. 60% of homes here sold near the asking price last month.

Summary: A total of 6 homes were sold or pending in Berne in October 2024, up by 200.0% month-over-month. Of the 5 sold homes, 0% were sold under asking, 60% were sold at asking, and 40% were sold over asking.

Days on Market for Berne, IN

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 23 Days Ago

Newest Listings in Berne, IN

Nearby Markets to Berne, IN