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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dunkirk is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Dunkirk was a Seller's Market.

Key Takeaway

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

Housing Prices in Dunkirk, IN

How much do homes in Dunkirk, IN cost?

Median Sold Price

$35,000

$41/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$144,900(-80.5%)

Key Takeaway

Homes in Dunkirk have sold for 80.5% less than they did a month ago.

Summary: The median home sold price in Dunkirk was $35,000 in November 2024, down 80.5% from last month, and the median price per square foot was $41.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $123K$35K
-71.5%
3 $120K$112.5K
-6.3%
4 $179.9K-
N/A
5+ --
N/A

Summary: Dunkirk housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 71.5%, 3 bedroom homes decreased by 6.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Richland Township
-63.4%
Dunkirk
-80.5%

Housing Supply in Dunkirk, IN

How many homes are available in Dunkirk, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2122+4.8%

Summary: The Dunkirk real estate market had 22 homes for sale in November 2024, a 4.8% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 58
+60.0%
3 1010
0.0%
4 53
-40.0%
5+ 00
0.0%

Summary: The Dunkirk 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 60%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 40%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
53-40.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dunkirk, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Dunkirk in November 2024, down by 40.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.

Days on Market for Dunkirk, IN

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

Average Sale Time

Oct 2024Nov 2024CHANGE
52 Days5 Days-90.4%

Summary: Homes in Dunkirk had an average of 5 days on market in Nov 2024, down by 90.4% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 3 homes were sold in Dunkirk; 33% of homes were sold within 30 days, 0% 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 17 Days Ago

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