Is Glenn's Valley, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Glenn's Valley is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Glenn's Valley was a Seller's Market.

Key Takeaway

Glenn's Valley is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Glenn's Valley, IN

How much do homes in Glenn's Valley, IN cost?

Median Sold Price

$285,000

$152/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$35,000(+14.0%)

Key Takeaway

Homes in Glenn's Valley have sold for 14% more than they did a year ago.

Summary: The median home sold price in Glenn's Valley was $285,000 in November 2024, up 14% from last year, and the median price per square foot was $152.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $215K$240K
+11.6%
3 $242.7K$250.5K
+3.2%
4 $300K$340K
+13.3%
5+ $456.9K$427.5K
-6.5%

Summary: Glenn's Valley 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 11.6%, 3 bedroom homes increased by 3.2%, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes decreased by 6.5%.

Housing Supply in Glenn's Valley, IN

How many homes are available in Glenn's Valley, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4643-6.5%

Summary: The Glenn's Valley real estate market had 43 homes for sale in November 2024, a 6.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 53
-40.0%
3 2425
+4.2%
4 1414
0.0%
5+ 31
-66.7%

Summary: The Glenn's Valley 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 40%, 3 bedroom homes increased by 4.2%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 66.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
117-36.4%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Glenn's Valley, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Glenn's Valley in November 2024, down by 36.4% month-over-month. Of the 7 sold homes, 43% were sold under asking, 14% were sold at asking, and 43% were sold over asking.

Days on Market for Glenn's Valley, IN

How long does it take to sell a home in Glenn's Valley, IN?

Average Sale Time

Nov 2023Nov 2024CHANGE
30 Days18 Days-37.6%

Summary: Homes in Glenn's Valley had an average of 18 days on market in Nov 2024, down by 37.6% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 7 homes were sold in Glenn's Valley; 71% of homes were sold within 30 days, 29% 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 21 Days Ago

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