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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Churubusco is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Churubusco, IN

How much do homes in Churubusco, IN cost?

Median Sold Price

$228,000

$123/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$190,000(-45.5%)

Key Takeaway

Homes in Churubusco have sold for 45.5% less than they did a month ago.

Summary: The median home sold price in Churubusco was $228,000 in November 2024, down 45.5% from last month, and the median price per square foot was $123.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $502.5K$155K
-69.2%
3 $324.5K$228K
-29.7%
4 $547K$435K
-20.5%
5+ --
N/A

Summary: Churubusco 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 decreased by 69.2%, 3 bedroom homes decreased by 29.7%, 4 bedroom homes decreased by 20.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Smith Township
+7.2%
Eel River Township
-15.6%
Churubusco
-45.5%

Housing Supply in Churubusco, IN

How many homes are available in Churubusco, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1820+11.1%

Summary: The Churubusco real estate market had 20 homes for sale in November 2024, a 11.1% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 1013
+30.0%
4 65
-16.7%
5+ 01
+100.0%

Summary: The Churubusco 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 50%, 3 bedroom homes increased by 30%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
67+16.7%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Churubusco, expect to pay close to the asking price. 57.1% of homes here sold near the asking price last month.

Summary: A total of 7 homes were sold or pending in Churubusco in November 2024, up by 16.7% month-over-month. Of the 7 sold homes, 43% were sold under asking, 57% were sold at asking, and 0% were sold over asking.

Days on Market for Churubusco, IN

We’re sorry, we don't have information for this market at the moment

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 Churubusco, IN

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What housing markets are near Churubusco, IN?