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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Converse is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Converse was a Neutral Market.

Key Takeaway

Converse is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Converse, IN

How much do homes in Converse, IN cost?

Median Sold Price

$335,000

$174/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$226,953(+210.1%)

Key Takeaway

Homes in Converse have sold for 210.1% more than they did a month ago.

Summary: The median home sold price in Converse was $335,000 in October 2024, up 210.1% from last month, and the median price per square foot was $174.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $108K$335K
+210.1%
4 --
N/A
5+ --
N/A

Summary: Converse housing prices by bedroom type for October 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 210.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Converse
+210.1%
Converse
+210.1%
Jackson Township
+62.0%
Richland Township
+11.8%

Housing Supply in Converse, IN

How many homes are available in Converse, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
68+33.3%

Summary: The Converse real estate market had 8 homes for sale in October 2024, a 33.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 67
+16.7%
4 01
+100.0%
5+ 00
0.0%

Summary: The Converse housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Converse, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Converse in October 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Converse, 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 21 Days Ago

Newest Listings in Converse, IN

Nearby Markets to Converse, IN