Is Decatur County, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Decatur County is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Decatur County was a Seller's Market.

Key Takeaway

Decatur County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Decatur County, IN

How much do homes in Decatur County, IN cost?

Median Sold Price

$206,666

$130/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$2,666(+1.3%)

Key Takeaway

Homes in Decatur County have sold for 1.3% more than they did a year ago.

Summary: The median home sold price in Decatur County was $206,666 in November 2024, up 1.3% from last year, and the median price per square foot was $130.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $100K$59.9K
-40.1%
2 $146K$150K
+2.7%
3 $205K$210K
+2.4%
4 $268K$305K
+13.8%
5+ $393.7K$434K
+10.2%

Summary: Decatur County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 40.1%, 2 bedroom homes increased by 2.7%, 3 bedroom homes increased by 2.4%, 4 bedroom homes increased by 13.8%, and 5+ bedroom homes increased by 10.2%.

Median Sold Price Compared To Nearby Counties

Rush County
+18.0%
Shelby County
+5.4%
Bartholomew County
+5.2%
Decatur County
+1.3%
Ripley County
-11.8%

Housing Supply in Decatur County, IN

How many homes are available in Decatur County, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
7367-8.2%

Summary: The Decatur County real estate market had 67 homes for sale in November 2024, a 8.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1711
-35.3%
3 3441
+20.6%
4 1411
-21.4%
5+ 84
-50.0%

Summary: The Decatur County 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 35.3%, 3 bedroom homes increased by 20.6%, 4 bedroom homes decreased by 21.4%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2011-45.0%

Asking Price vs. Sold Price

10 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 Decatur County, you may be able to get a good deal. 90.9% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in Decatur County in November 2024, down by 45.0% month-over-month. Of the 11 sold homes, 91% were sold under asking, 0% were sold at asking, and 9% were sold over asking.

Days on Market for Decatur County, IN

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

Average Sale Time

Nov 2023Nov 2024CHANGE
55 Days70 Days+27.3%

Summary: Homes in Decatur County had an average of 70 days on market in Nov 2024, up by 27.3% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Decatur County are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 11 homes were sold in Decatur County; 45% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 36% 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 Decatur County, IN

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