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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Flora is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Flora was a Seller's Market.

Key Takeaway

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

Housing Prices in Flora, IN

How much do homes in Flora, IN cost?

Median Sold Price

$87,500

$135/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$122,500(-58.3%)

Key Takeaway

Homes in Flora have sold for 58.3% less than they did a month ago.

Summary: The median home sold price in Flora was $87,500 in October 2024, down 58.3% from last month, and the median price per square foot was $135.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$87.5K
N/A
3 $200K-
N/A
4 $374.9K-
N/A
5+ --
N/A

Summary: Flora 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 did not change, 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

Bringhurst
+39.7%
Monroe Township
-20.6%
Flora
-58.3%

Housing Supply in Flora, IN

How many homes are available in Flora, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
811+37.5%

Summary: The Flora real estate market had 11 homes for sale in October 2024, a 37.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 56
+20.0%
4 12
+100.0%
5+ 00
0.0%

Summary: The Flora 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 50%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Flora, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Flora in October 2024, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Flora, 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 2 Days Ago

Newest Listings in Flora, IN

Nearby Markets to Flora, IN