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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Blackford County is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Blackford County, IN

How much do homes in Blackford County, IN cost?

Median Sold Price

$108,000

$56/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$51,000(-32.1%)

Key Takeaway

Homes in Blackford County have sold for 32.1% less than they did a month ago.

Summary: The median home sold price in Blackford County was $108,000 in November 2024, down 32.1% from last month, and the median price per square foot was $56.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $87.1K$19K
-78.2%
3 $159K$131.2K
-17.5%
4 -$123K
N/A
5+ --
N/A

Summary: Blackford County housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 78.2%, 3 bedroom homes decreased by 17.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

Grant County
+11.1%
Wells County
+5.1%
Jay County
-15.4%
Blackford County
-32.1%

Housing Supply in Blackford County, IN

How many homes are available in Blackford County, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
7167-5.6%

Summary: The Blackford County real estate market had 67 homes for sale in November 2024, a 5.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 33
0.0%
2 1414
0.0%
3 4336
-16.3%
4 1114
+27.3%
5+ 00
0.0%

Summary: The Blackford County 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 remained the same, 3 bedroom homes decreased by 16.3%, 4 bedroom homes increased by 27.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1315+15.4%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Blackford County, you may be able to get a good deal. 69.2% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in Blackford County in November 2024, up by 15.4% month-over-month. Of the 13 sold homes, 69% were sold under asking, 8% were sold at asking, and 23% were sold over asking.

Days on Market for Blackford County, IN

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

Average Sale Time

Oct 2024Nov 2024CHANGE
78 Days117 Days+49.4%

Summary: Homes in Blackford County had an average of 117 days on market in Nov 2024, up by 49.4% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Blackford County are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 15 homes were sold in Blackford County; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 7% 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

Newest Listings in Blackford County, IN

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