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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Elnora is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Elnora, IN

How much do homes in Elnora, IN cost?

Median Sold Price

$31,450

$31/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$218,550(-87.4%)

Key Takeaway

Homes in Elnora have sold for 87.4% less than they did a month ago.

Summary: The median home sold price in Elnora was $31,450 in October 2024, down 87.4% from last month, and the median price per square foot was $31.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $250K$31.4K
-87.4%
3 --
N/A
4 --
N/A
5+ --
N/A

Summary: Elnora 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 decreased by 87.4%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Elnora
-87.4%
Elmore Township
-87.4%

Housing Supply in Elnora, IN

How many homes are available in Elnora, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
45+25.0%

Summary: The Elnora real estate market had 5 homes for sale in October 2024, a 25.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 02
+100.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Elnora 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 decreased by 33.3%, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Elnora, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Elnora in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Elnora, 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 23 Days Ago

Newest Listings in Elnora, IN

Nearby Markets to Elnora, IN