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

Last month, Blackford County was a Neutral 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

$159,000

$94/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$22,050(+16.1%)

Key Takeaway

Homes in Blackford County have sold for 16.1% more than they did a month ago.

Summary: The median home sold price in Blackford County was $159,000 in October 2024, up 16.1% from last month, and the median price per square foot was $94.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $105K$87.1K
-17.0%
3 $243.7K$159K
-34.8%
4 --
N/A
5+ --
N/A

Summary: Blackford County 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 decreased by 17%, 3 bedroom homes decreased by 34.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

Blackford County
+16.1%
Grant County
-19.9%
Jay County
-26.4%
Wells County
-31.3%

Housing Supply in Blackford County, IN

How many homes are available in Blackford County, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6572+10.8%

Summary: The Blackford County real estate market had 72 homes for sale in October 2024, a 10.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 33
0.0%
2 1515
0.0%
3 3643
+19.4%
4 1010
0.0%
5+ 11
0.0%

Summary: The Blackford County 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 remained the same, 3 bedroom homes increased by 19.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1013+30.0%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

0 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. 76.9% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in Blackford County in October 2024, up by 30.0% month-over-month. Of the 13 sold homes, 77% were sold under asking, 23% were sold at asking, and 0% were sold over asking.

Days on Market for Blackford County, IN

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

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were 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 October 2024, 13 homes were sold in Blackford County; 8% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 15% 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

Nearby Markets to Blackford County, IN

What housing markets are near Blackford County, IN?