$3,978 Closing Credit*
$335,000
1,862 SqFt
3 Beds
•2 Full Baths, 1 Partial
Arzella Williams, Listing Office: Williams Realty & Mgmt
Is Delaware Trails, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Delaware Trails has remained a Seller's Market.
Key Takeaway
Delaware Trails is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Delaware Trails, IN
How much do homes in Delaware Trails, IN cost?
Median Sold Price
$322,150
$131/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$21,150(+7.0%)
Key Takeaway
Homes in Delaware Trails have sold for 7% more than they did a year ago.
Summary: The median home sold price in Delaware Trails was $322,150 in November 2024, up 7% from last year, and the median price per square foot was $131.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $90K | N/A |
| 2 Bedrooms | $136.5K | $130K | -4.8% |
| 3 Bedrooms | $306.4K | $325K | +6.1% |
| 4 Bedrooms | $369K | $373.7K | +1.3% |
| 5+ Bedrooms | $1.2M | $700K | -42.2% |
Summary: Delaware Trails housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 4.8%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 1.3%, and 5+ bedroom homes decreased by 42.2%.
Housing Supply in Delaware Trails, IN
How many homes are available in Delaware Trails, IN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 33 | 32 | -3.0% |
Summary: The Delaware Trails real estate market had 32 homes for sale in November 2024, a 3.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 12 | 14 | +16.7% |
| 3 Bedrooms | 15 | 12 | -20.0% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Delaware Trails 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 increased by 16.7%, 3 bedroom homes decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 8 | 0.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Delaware Trails, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Delaware Trails in November 2024, the same as the previous month. Of the 8 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for Delaware Trails, IN
How long does it take to sell a home in Delaware Trails, IN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 23 Days | 44 Days | +88.9% |
Summary: Homes in Delaware Trails had an average of 44 days on market in Nov 2024, up by 88.9% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Delaware Trails has remained consistent over time.
Summary: During November 2024, 8 homes were sold in Delaware Trails; 38% of homes were sold within 30 days, 63% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by MLS GRID.