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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing DeKalb County is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in DeKalb County, IN

How much do homes in DeKalb County, IN cost?

Median Sold Price

$220,000

$149/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$11,200(-4.8%)

Key Takeaway

Homes in DeKalb County have sold for 4.8% less than they did a month ago.

Summary: The median home sold price in DeKalb County was $220,000 in October 2024, down 4.8% from last month, and the median price per square foot was $149.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 -$101K
N/A
2 $65K$170K
+161.5%
3 $216.2K$232.9K
+7.7%
4 $332.4K$215K
-35.3%
5+ $854.9K$364.5K
-57.4%

Summary: DeKalb County 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 increased by 161.5%, 3 bedroom homes increased by 7.7%, 4 bedroom homes decreased by 35.3%, and 5+ bedroom homes decreased by 57.4%.

Median Sold Price Compared To Nearby Counties

Allen County
-0.5%
DeKalb County
-4.8%
Steuben County
-8.0%
Noble County
-16.9%

Housing Supply in DeKalb County, IN

How many homes are available in DeKalb County, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
165160-3.0%

Summary: The DeKalb County real estate market had 160 homes for sale in October 2024, a 3.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 1517
+13.3%
3 9896
-2.0%
4 4438
-13.6%
5+ 78
+14.3%

Summary: The DeKalb County 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 increased by 13.3%, 3 bedroom homes decreased by 2%, 4 bedroom homes decreased by 13.6%, and 5+ bedroom homes increased by 14.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
5247-9.6%

Asking Price vs. Sold Price

24 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

13 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in DeKalb County, you may be able to get a good deal. 53.3% of homes here sold below asking price last month.

Summary: A total of 47 homes were sold or pending in DeKalb County in October 2024, down by 9.6% month-over-month. Of the 45 sold homes, 53% were sold under asking, 18% were sold at asking, and 29% were sold over asking.

Days on Market for DeKalb County, 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 DeKalb County, IN

Nearby Markets to DeKalb County, IN

What housing markets are near DeKalb County, IN?