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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Homecroft is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Homecroft has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Homecroft, IN

How much do homes in Homecroft, IN cost?

Median Sold Price

$275,789

$99/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$35,789(+14.9%)

Key Takeaway

Homes in Homecroft have sold for 14.9% more than they did a year ago.

Summary: The median home sold price in Homecroft was $275,789 in November 2024, up 14.9% from last year, and the median price per square foot was $99.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $225.5K$205.2K
-9.0%
3 $240K$291K
+21.3%
4 $359.9K$350K
-2.8%
5+ $370K-
N/A

Summary: Homecroft 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 decreased by 9%, 3 bedroom homes increased by 21.3%, 4 bedroom homes decreased by 2.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Homecroft
+14.9%
Indianapolis
+5.6%
Perry Township
+4.4%

Housing Supply in Homecroft, IN

How many homes are available in Homecroft, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
440.0%

Summary: The Homecroft real estate market had 4 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

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

Summary: The Homecroft 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
01+100.0%

Asking Price vs. Sold Price

1 Home Was 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 Homecroft, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Homecroft in November 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Homecroft, IN

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

Average Sale Time

Nov 2023Nov 2024CHANGE
2 Days39 Days+1850.0%

Summary: Homes in Homecroft had an average of 39 days on market in Nov 2024, up by 1850% compared to last year.

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 Homecroft has remained consistent over time.

Summary: During November 2024, 1 homes were sold in Homecroft; 0% of homes were sold within 30 days, 100% 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 17 Days Ago

Newest Listings in Homecroft, IN

Nearby Markets to Homecroft, IN

What housing markets are near Homecroft, IN?