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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Flora is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Flora was a Buyer's Market.

Key Takeaway

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

Housing Prices in Flora, IN

How much do homes in Flora, IN cost?

Median Sold Price

$176,000

$141/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$88,500(+101.1%)

Key Takeaway

Homes in Flora have sold for 101.1% more than they did a month ago.

Summary: The median home sold price in Flora was $176,000 in November 2024, up 101.1% from last month, and the median price per square foot was $141.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $87.5K$179K
+104.6%
3 -$173K
N/A
4 --
N/A
5+ --
N/A

Summary: Flora 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 increased by 104.6%, 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

Flora
+101.1%
Monroe Township
+10.9%
Bringhurst
-9.8%

Housing Supply in Flora, IN

How many homes are available in Flora, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1011+10.0%

Summary: The Flora real estate market had 11 homes for sale in November 2024, a 10.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 33
0.0%
3 56
+20.0%
4 22
0.0%
5+ 00
0.0%

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

Number of Homes Sold

Oct 2024Nov 2024CHANGE
14+300.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Flora, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Flora in November 2024, up by 300.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.

Days on Market for Flora, IN

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

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Flora has remained consistent over time.

Summary: During November 2024, 4 homes were sold in Flora; 0% of homes were sold within 30 days, 25% 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 2 Days Ago

Newest Listings in Flora, IN

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