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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brown County is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Brown County was a Seller's Market.

Key Takeaway

Brown County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Brown County, IN

How much do homes in Brown County, IN cost?

Median Sold Price

$362,500

$175/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$9,242(+2.6%)

Key Takeaway

Homes in Brown County have sold for 2.6% more than they did a year ago.

Summary: The median home sold price in Brown County was $362,500 in November 2024, up 2.6% from last year, and the median price per square foot was $175.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $317.5K$190K
-40.2%
2 $270K$350K
+29.6%
3 $385K$357.5K
-7.1%
4 $513.5K$637.4K
+24.1%
5+ -$220K
N/A

Summary: Brown County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 40.2%, 2 bedroom homes increased by 29.6%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes increased by 24.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

Morgan County
+5.7%
Bartholomew County
+5.2%
Johnson County
+4.9%
Brown County
+2.6%

Housing Supply in Brown County, IN

How many homes are available in Brown County, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5963+6.8%

Summary: The Brown County real estate market had 63 homes for sale in November 2024, a 6.8% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 28
+300.0%
2 2019
-5.0%
3 2324
+4.3%
4 1311
-15.4%
5+ 11
0.0%

Summary: The Brown County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 300%, 2 bedroom homes decreased by 5%, 3 bedroom homes increased by 4.3%, 4 bedroom homes decreased by 15.4%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
810+25.0%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Brown County, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Brown County in November 2024, up by 25.0% month-over-month. Of the 10 sold homes, 80% were sold under asking, 10% were sold at asking, and 10% were sold over asking.

Days on Market for Brown County, IN

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

Average Sale Time

Nov 2023Nov 2024CHANGE
33 Days81 Days+140.2%

Summary: Homes in Brown County had an average of 81 days on market in Nov 2024, up by 140.2% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Brown County are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 10 homes were sold in Brown County; 50% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 30% 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 Brown County, IN

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