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

$132/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$50(0.0%)

Key Takeaway

The sold price of homes in Goshen has remained the same since last month.

Summary: The median home sold price in Goshen was $270,000 in November 2024, the same as last month, and the median price per square foot was $132.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $100K-
N/A
2 $235K$180K
-23.4%
3 $257.4K$264.7K
+2.8%
4 $345K$327K
-5.2%
5+ $354.4K$505K
+42.5%

Summary: Goshen 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 decreased by 23.4%, 3 bedroom homes increased by 2.8%, 4 bedroom homes decreased by 5.2%, and 5+ bedroom homes increased by 42.5%.

Median Sold Price Compared To Nearby Cities

Jefferson Township
+29.3%
Goshen
0.0%
Concord Township
0.0%
Elkhart Township
-4.3%

Housing Supply in Goshen, IN

How many homes are available in Goshen, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
139144+3.6%

Summary: The Goshen real estate market had 144 homes for sale in November 2024, a 3.6% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 33
0.0%
2 2837
+32.1%
3 5954
-8.5%
4 3739
+5.4%
5+ 1211
-8.3%

Summary: The Goshen 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 increased by 32.1%, 3 bedroom homes decreased by 8.5%, 4 bedroom homes increased by 5.4%, and 5+ bedroom homes decreased by 8.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3435+2.9%

Asking Price vs. Sold Price

20 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

7 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. 57.1% of homes here sold below asking price last month.

Summary: A total of 35 homes were sold or pending in Goshen in November 2024, up by 2.9% month-over-month. Of the 35 sold homes, 57% were sold under asking, 23% were sold at asking, and 20% 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 21 Days Ago

Newest Listings in Goshen, IN

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