Is Far Eastside, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Far Eastside is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Far Eastside has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Far Eastside, IN

How much do homes in Far Eastside, IN cost?

Median Sold Price

$179,900

$120/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$5,400(+3.1%)

Key Takeaway

Homes in Far Eastside have sold for 3.1% more than they did a year ago.

Summary: The median home sold price in Far Eastside was $179,900 in November 2024, up 3.1% from last year, and the median price per square foot was $120.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $85K$87.2K
+2.6%
3 $165K$172.3K
+4.4%
4 $195K$210K
+7.7%
5+ $273K$231K
-15.4%

Summary: Far Eastside 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 increased by 2.6%, 3 bedroom homes increased by 4.4%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes decreased by 15.4%.

Housing Supply in Far Eastside, IN

How many homes are available in Far Eastside, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
132123-6.8%

Summary: The Far Eastside real estate market had 123 homes for sale in November 2024, a 6.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 98
-11.1%
3 9288
-4.3%
4 2523
-8.0%
5+ 64
-33.3%

Summary: The Far Eastside 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 11.1%, 3 bedroom homes decreased by 4.3%, 4 bedroom homes decreased by 8%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
4339-9.3%

Asking Price vs. Sold Price

21 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Far Eastside, you may be able to get a good deal. 53.8% of homes here sold below asking price last month.

Summary: A total of 39 homes were sold or pending in Far Eastside in November 2024, down by 9.3% month-over-month. Of the 39 sold homes, 54% were sold under asking, 21% were sold at asking, and 26% were sold over asking.

Days on Market for Far Eastside, IN

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

Average Sale Time

Nov 2023Nov 2024CHANGE
16 Days26 Days+59.1%

Summary: Homes in Far Eastside had an average of 26 days on market in Nov 2024, up by 59.1% compared to last year.

Breakdown of Home Sale Times

25 Homes Were Sold
Under 30 Days

13 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 39 homes were sold in Far Eastside; 64% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 3% 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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