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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brownstown is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Brownstown, IN

How much do homes in Brownstown, IN cost?

Median Sold Price

$189,000

$77/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$46,000(-19.6%)

Key Takeaway

Homes in Brownstown have sold for 19.6% less than they did a month ago.

Summary: The median home sold price in Brownstown was $189,000 in October 2024, down 19.6% from last month, and the median price per square foot was $77.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $235K-
N/A
3 $259.4K$189K
-27.2%
4 --
N/A
5+ --
N/A

Summary: Brownstown 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 did not change, 3 bedroom homes decreased by 27.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Brownstown
-19.6%
Brownstown Township
-19.6%

Housing Supply in Brownstown, IN

How many homes are available in Brownstown, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1413-7.1%

Summary: The Brownstown real estate market had 13 homes for sale in October 2024, a 7.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 117
-36.4%
4 13
+200.0%
5+ 00
0.0%

Summary: The Brownstown 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 increased by 50%, 3 bedroom homes decreased by 36.4%, 4 bedroom homes increased by 200%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
53-40.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Brownstown, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 3 homes were sold or pending in Brownstown in October 2024, down by 40.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 67% were sold at asking, and 33% were sold over asking.

Days on Market for Brownstown, IN

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

Average Sale Time

Sep 2024Oct 2024CHANGE
12 Days17 Days+42.1%

Summary: Homes in Brownstown had an average of 17 days on market in Oct 2024, up by 42.1% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 3 homes were sold in Brownstown; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% 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 16 Days Ago

Newest Listings in Brownstown, IN

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