Is Howard County, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Howard County is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Howard County, IN

How much do homes in Howard County, IN cost?

Median Sold Price

$194,500

$124/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$10,450(+5.7%)

Key Takeaway

Homes in Howard County have sold for 5.7% more than they did a year ago.

Summary: The median home sold price in Howard County was $194,500 in October 2024, up 5.7% from last year, and the median price per square foot was $124.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $53K$69.4K
+31.0%
2 $89.9K$125K
+39.0%
3 $180K$185K
+2.8%
4 $204K$298.5K
+46.3%
5+ $378.7K$327.4K
-13.6%

Summary: Howard County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 31%, 2 bedroom homes increased by 39%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 46.3%, and 5+ bedroom homes decreased by 13.6%.

Median Sold Price Compared To Nearby Counties

Tipton County
+20.9%
Howard County
+5.7%

Housing Supply in Howard County, IN

How many homes are available in Howard County, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
355377+6.2%

Summary: The Howard County real estate market had 377 homes for sale in October 2024, a 6.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 14
+300.0%
2 6351
-19.0%
3 187203
+8.6%
4 8397
+16.9%
5+ 2122
+4.8%

Summary: The Howard County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 300%, 2 bedroom homes decreased by 19%, 3 bedroom homes increased by 8.6%, 4 bedroom homes increased by 16.9%, and 5+ bedroom homes increased by 4.8%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
10099-1.0%

Asking Price vs. Sold Price

49 Homes Were Sold
Under Asking

27 Homes Were Sold
At Asking

22 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Howard County, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 99 homes were sold or pending in Howard County in October 2024, down by 1.0% month-over-month. Of the 98 sold homes, 50% were sold under asking, 28% were sold at asking, and 22% were sold over asking.

Days on Market for Howard County, IN

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

Average Sale Time

Oct 2023Oct 2024CHANGE
21 Days24 Days+14.7%

Summary: Homes in Howard County had an average of 24 days on market in Oct 2024, up by 14.7% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Howard County are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 99 homes were sold in Howard County; 7% of homes were sold within 30 days, 4% 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 20 Days Ago

Newest Listings in Howard County, IN

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