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 Last Month

Since last month, 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

$185,000

$112/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$1,500(-0.8%)

Key Takeaway

Homes in Howard County have sold for 0.8% less than they did a month ago.

Summary: The median home sold price in Howard County was $185,000 in November 2024, down 0.8% from last month, and the median price per square foot was $112.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $58.9K-
N/A
2 $127K$78.3K
-38.3%
3 $185K$167.4K
-9.5%
4 $302.5K$244K
-19.3%
5+ $369.9K$289.9K
-21.6%

Summary: Howard County 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 38.3%, 3 bedroom homes decreased by 9.5%, 4 bedroom homes decreased by 19.3%, and 5+ bedroom homes decreased by 21.6%.

Median Sold Price Compared To Nearby Counties

Grant County
+11.1%
Howard County
-0.8%
Cass County
-1.4%
Miami County
-10.8%

Housing Supply in Howard County, IN

How many homes are available in Howard County, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
369382+3.5%

Summary: The Howard County real estate market had 382 homes for sale in November 2024, a 3.5% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 45
+25.0%
2 5255
+5.8%
3 198199
0.5%
4 96103
+7.3%
5+ 1920
+5.3%

Summary: The Howard County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes increased by 5.8%, 3 bedroom homes increased by 0.5%, 4 bedroom homes increased by 7.3%, and 5+ bedroom homes increased by 5.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
10775-29.9%

Asking Price vs. Sold Price

41 Homes Were Sold
Under Asking

12 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. 54.7% of homes here sold below asking price last month.

Summary: A total of 75 homes were sold or pending in Howard County in November 2024, down by 29.9% month-over-month. Of the 75 sold homes, 55% were sold under asking, 16% were sold at asking, and 29% 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 2024Nov 2024CHANGE
27 Days11 Days-59.2%

Summary: Homes in Howard County had an average of 11 days on market in Nov 2024, down by 59.2% compared to last month.

Breakdown of Home Sale Times

7 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

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

Summary: During November 2024, 75 homes were sold in Howard County; 9% of homes were sold within 30 days, 1% 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

Nearby Markets to Howard County, IN

What housing markets are near Howard County, IN?