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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cicero is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Cicero has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Cicero, IN

How much do homes in Cicero, IN cost?

Median Sold Price

$382,500

$187/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$7,600(+2.0%)

Key Takeaway

Homes in Cicero have sold for 2% more than they did a year ago.

Summary: The median home sold price in Cicero was $382,500 in November 2024, up 2% from last year, and the median price per square foot was $187.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $550K$199K
-63.8%
2 $240.5K$355K
+47.6%
3 $300K$335K
+11.7%
4 $427.5K$485.9K
+13.7%
5+ $665K$440K
-33.8%

Summary: Cicero housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 63.8%, 2 bedroom homes increased by 47.6%, 3 bedroom homes increased by 11.7%, 4 bedroom homes increased by 13.7%, and 5+ bedroom homes decreased by 33.8%.

Median Sold Price Compared To Nearby Cities

Jackson Township
+7.2%
Cicero
+2.0%

Housing Supply in Cicero, IN

How many homes are available in Cicero, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3729-21.6%

Summary: The Cicero real estate market had 29 homes for sale in November 2024, a 21.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 43
-25.0%
3 1714
-17.6%
4 118
-27.3%
5+ 54
-20.0%

Summary: The Cicero 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 25%, 3 bedroom homes decreased by 17.6%, 4 bedroom homes decreased by 27.3%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1511-26.7%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cicero, expect to pay close to the asking price. 45.5% of homes here sold near the asking price last month.

Summary: A total of 11 homes were sold or pending in Cicero in November 2024, down by 26.7% month-over-month. Of the 11 sold homes, 36% were sold under asking, 45% were sold at asking, and 18% were sold over asking.

Days on Market for Cicero, IN

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

Average Sale Time

Nov 2023Nov 2024CHANGE
17 Days16 Days-7.5%

Summary: Homes in Cicero had an average of 16 days on market in Nov 2024, down by 7.5% compared to last year.

Breakdown of Home Sale Times

9 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 Cicero are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 11 homes were sold in Cicero; 82% of homes were sold within 30 days, 9% 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 2 Days Ago

Newest Listings in Cicero, IN

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