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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Chesterton is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Chesterton, IN

How much do homes in Chesterton, IN cost?

Median Sold Price

$512,495

$182/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

+$232,545(+83.1%)

Key Takeaway

Homes in Chesterton have sold for 83.1% more than they did a month ago.

Summary: The median home sold price in Chesterton was $512,495 in December 2024, up 83.1% from last month, and the median price per square foot was $182.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 --
N/A
3 $279.9K$304.9K
+8.9%
4 --
N/A
5+ -$720K
N/A

Summary: Chesterton housing prices by bedroom type for December 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 increased by 8.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Chesterton, IN

How many homes are available in Chesterton, IN?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
54-20.0%

Summary: The Chesterton real estate market had 4 homes for sale in December 2024, a 20.0% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 42
-50.0%
4 00
0.0%
5+ 11
0.0%

Summary: The Chesterton housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
220.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Chesterton, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Chesterton in December 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Chesterton, IN

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

Average Sale Time

Nov 2024Dec 2024CHANGE
39 Days91 Days+133.3%

Summary: Homes in Chesterton had an average of 91 days on market in Dec 2024, up by 133.3% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Chesterton are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During December 2024, 2 homes were sold in Chesterton; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 7 Days Ago

Newest Listings in Chesterton, IN

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