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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Gosport is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Gosport was a Seller's Market.

Key Takeaway

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

Housing Prices in Gosport, IN

How much do homes in Gosport, IN cost?

Median Sold Price

$469,000

$241/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$242,100(+106.7%)

Key Takeaway

Homes in Gosport have sold for 106.7% more than they did a month ago.

Summary: The median home sold price in Gosport was $469,000 in November 2024, up 106.7% from last month, and the median price per square foot was $241.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $137.5K-
N/A
2 $226.9K-
N/A
3 -$469K
N/A
4 $550K-
N/A
5+ --
N/A

Summary: Gosport 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 did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Gosport, IN

How many homes are available in Gosport, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2018-10.0%

Summary: The Gosport real estate market had 18 homes for sale in November 2024, a 10.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 53
-40.0%
2 21
-50.0%
3 1012
+20.0%
4 32
-33.3%
5+ 00
0.0%

Summary: The Gosport housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 40%, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 20%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
52-60.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Gosport, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Gosport in November 2024, down by 60.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Gosport, IN

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

Average Sale Time

Oct 2024Nov 2024CHANGE
49 Days127 Days+155.7%

Summary: Homes in Gosport had an average of 127 days on market in Nov 2024, up by 155.7% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Gosport are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 2 homes were sold in Gosport; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 20 Days Ago

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