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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bremen is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Bremen was a Seller's Market.

Key Takeaway

Bremen is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Bremen, IN

How much do homes in Bremen, IN cost?

Median Sold Price

$185,000

$153/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$202,500(-52.3%)

Key Takeaway

Homes in Bremen have sold for 52.3% less than they did a month ago.

Summary: The median home sold price in Bremen was $185,000 in November 2024, down 52.3% from last month, and the median price per square foot was $153.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $545K$115K
-78.9%
3 $404.5K-
N/A
4 $230K$240K
+4.3%
5+ --
N/A

Summary: Bremen 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 78.9%, 3 bedroom homes did not change, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

German Township
-19.6%
Bremen
-52.3%

Housing Supply in Bremen, IN

How many homes are available in Bremen, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2023+15.0%

Summary: The Bremen real estate market had 23 homes for sale in November 2024, a 15.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 55
0.0%
3 811
+37.5%
4 66
0.0%
5+ 11
0.0%

Summary: The Bremen 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 increased by 37.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

2 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 Bremen, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Bremen in November 2024, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Bremen, 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 17 Days Ago

Newest Listings in Bremen, IN

Nearby Markets to Bremen, IN