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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brownsburg is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Brownsburg has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Brownsburg, IN

How much do homes in Brownsburg, IN cost?

Median Sold Price

$364,061

$160/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$18,161(+5.3%)

Key Takeaway

Homes in Brownsburg have sold for 5.3% more than they did a year ago.

Summary: The median home sold price in Brownsburg was $364,061 in November 2024, up 5.3% from last year, and the median price per square foot was $160.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$137K
N/A
2 $249K$267K
+7.2%
3 $299.9K$300K
0.0%
4 $412.2K$420K
+1.9%
5+ $475K$465K
-2.1%

Summary: Brownsburg housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.2%, 3 bedroom homes did not change, 4 bedroom homes increased by 1.9%, and 5+ bedroom homes decreased by 2.1%.

Median Sold Price Compared To Nearby Cities

Pittsboro
+6.7%
Middle Township
+5.6%
Brownsburg
+5.3%
Lincoln Township
+1.3%
Brown Township
0.3%

Housing Supply in Brownsburg, IN

How many homes are available in Brownsburg, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
176168-4.5%

Summary: The Brownsburg real estate market had 168 homes for sale in November 2024, a 4.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 2623
-11.5%
3 7876
-2.6%
4 5348
-9.4%
5+ 1921
+10.5%

Summary: The Brownsburg 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 decreased by 11.5%, 3 bedroom homes decreased by 2.6%, 4 bedroom homes decreased by 9.4%, and 5+ bedroom homes increased by 10.5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
5239-25.0%

Asking Price vs. Sold Price

22 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Brownsburg, you may be able to get a good deal. 56.4% of homes here sold below asking price last month.

Summary: A total of 39 homes were sold or pending in Brownsburg in November 2024, down by 25.0% month-over-month. Of the 39 sold homes, 56% were sold under asking, 26% were sold at asking, and 18% were sold over asking.

Days on Market for Brownsburg, IN

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

Average Sale Time

Nov 2023Nov 2024CHANGE
37 Days33 Days-11.0%

Summary: Homes in Brownsburg had an average of 33 days on market in Nov 2024, down by 11% compared to last year.

Breakdown of Home Sale Times

24 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 39 homes were sold in Brownsburg; 62% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 13% 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 17 Days Ago

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