Is Canterbury / Chatard, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Canterbury / Chatard is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Canterbury / Chatard has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Canterbury / Chatard, IN

How much do homes in Canterbury / Chatard, IN cost?

Median Sold Price

$315,500

$169/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$15,500(+5.2%)

Key Takeaway

Homes in Canterbury / Chatard have sold for 5.2% more than they did a year ago.

Summary: The median home sold price in Canterbury / Chatard was $315,500 in November 2024, up 5.2% from last year, and the median price per square foot was $169.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $280K$285K
+1.8%
3 $314.9K$340K
+8.0%
4 $429.9K$454.9K
+5.8%
5+ -$481.8K
N/A

Summary: Canterbury / Chatard 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 1.8%, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 5.8%, and 5+ bedroom homes did not change.

Housing Supply in Canterbury / Chatard, IN

How many homes are available in Canterbury / Chatard, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2420-16.7%

Summary: The Canterbury / Chatard real estate market had 20 homes for sale in November 2024, a 16.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 109
-10.0%
3 107
-30.0%
4 23
+50.0%
5+ 21
-50.0%

Summary: The Canterbury / Chatard 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 10%, 3 bedroom homes decreased by 30%, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
124-66.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Canterbury / Chatard, you could pay more than the asking price. 75% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in Canterbury / Chatard in November 2024, down by 66.7% month-over-month. Of the 4 sold homes, 0% were sold under asking, 25% were sold at asking, and 75% were sold over asking.

Days on Market for Canterbury / Chatard, IN

How long does it take to sell a home in Canterbury / Chatard, IN?

Average Sale Time

Nov 2023Nov 2024CHANGE
9 Days6 Days-33.3%

Summary: Homes in Canterbury / Chatard had an average of 6 days on market in Nov 2024, down by 33.3% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 4 homes were sold in Canterbury / Chatard; 100% of homes were sold within 30 days, 0% 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 21 Days Ago

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