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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Goshen is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Goshen, IN

How much do homes in Goshen, IN cost?

Median Sold Price

$270,000

$140/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$15,512(+6.1%)

Key Takeaway

Homes in Goshen have sold for 6.1% more than they did a month ago.

Summary: The median home sold price in Goshen was $270,000 in October 2024, up 6.1% from last month, and the median price per square foot was $140.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 -$100K
N/A
2 $179.4K$235K
+31.0%
3 $231K$272.4K
+17.9%
4 $385K$345K
-10.4%
5+ $430K$332K
-22.8%

Summary: Goshen 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 increased by 31%, 3 bedroom homes increased by 17.9%, 4 bedroom homes decreased by 10.4%, and 5+ bedroom homes decreased by 22.8%.

Median Sold Price Compared To Nearby Cities

Goshen
+6.1%
Elkhart Township
+5.7%
Concord Township
-9.1%
Jefferson Township
-12.8%

Housing Supply in Goshen, IN

How many homes are available in Goshen, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
136137+0.7%

Summary: The Goshen real estate market had 137 homes for sale in October 2024, a 0.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 03
+100.0%
2 2529
+16.0%
3 6257
-8.1%
4 3637
+2.8%
5+ 1311
-15.4%

Summary: The Goshen housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 16%, 3 bedroom homes decreased by 8.1%, 4 bedroom homes increased by 2.8%, and 5+ bedroom homes decreased by 15.4%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
5031-38.0%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Goshen, you may be able to get a good deal. 45.2% of homes here sold below asking price last month.

Summary: A total of 31 homes were sold or pending in Goshen in October 2024, down by 38.0% month-over-month. Of the 31 sold homes, 45% were sold under asking, 19% were sold at asking, and 35% were sold over asking.

Days on Market for Goshen, 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 20 Days Ago

Newest Listings in Goshen, IN

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