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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Charlottesville is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Charlottesville, IN

How much do homes in Charlottesville, IN cost?

Median Sold Price

$31,500

$18/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$333,500(-91.4%)

Key Takeaway

Homes in Charlottesville have sold for 91.4% less than they did a month ago.

Summary: The median home sold price in Charlottesville was $31,500 in November 2024, down 91.4% from last month, and the median price per square foot was $18.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $80K-
N/A
3 --
N/A
4 $650K$31.5K
-95.2%
5+ --
N/A

Summary: Charlottesville 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 did not change, 3 bedroom homes did not change, 4 bedroom homes decreased by 95.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Wayne Township
+99.1%
Charlottesville
-91.4%
Jackson Township
-91.4%

Housing Supply in Charlottesville, IN

How many homes are available in Charlottesville, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
43-25.0%

Summary: The Charlottesville real estate market had 3 homes for sale in November 2024, a 25.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 22
0.0%
3 00
0.0%
4 21
-50.0%
5+ 00
0.0%

Summary: The Charlottesville 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 remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 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 Charlottesville, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Charlottesville in November 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Charlottesville, IN

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

Average Sale Time

Oct 2024Nov 2024CHANGE
6 Days21 Days+250.0%

Summary: Homes in Charlottesville had an average of 21 days on market in Nov 2024, up by 250% compared to last month.

Breakdown of Home Sale Times

1 Home Was 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 Charlottesville are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 1 homes were sold in Charlottesville; 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 17 Days Ago

Newest Listings in Charlottesville, IN

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