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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ingalls is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Ingalls, IN

How much do homes in Ingalls, IN cost?

Median Sold Price

$236,942

$147/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$14,442(+6.5%)

Key Takeaway

Homes in Ingalls have sold for 6.5% more than they did a year ago.

Summary: The median home sold price in Ingalls was $236,942 in October 2024, up 6.5% from last year, and the median price per square foot was $147.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$64.5K
N/A
2 $95K$109.2K
+15.0%
3 $225K$245K
+8.9%
4 $230K$239.2K
+4.0%
5+ --
N/A

Summary: Ingalls housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 15%, 3 bedroom homes increased by 8.9%, 4 bedroom homes increased by 4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Green Township
+11.3%
Ingalls
+6.5%
Pendleton
+3.0%
Fall Creek Township
+2.3%

Housing Supply in Ingalls, IN

How many homes are available in Ingalls, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1211-8.3%

Summary: The Ingalls real estate market had 11 homes for sale in October 2024, a 8.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 99
0.0%
4 32
-33.3%
5+ 00
0.0%

Summary: The Ingalls housing inventory by bedroom type for October 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 decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
35+66.7%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ingalls, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Ingalls in October 2024, up by 66.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.

Days on Market for Ingalls, IN

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

Average Sale Time

Oct 2023Oct 2024CHANGE
-3 Days18 Days-640.0%

Summary: Homes in Ingalls had an average of 18 days on market in Oct 2024, up by 640% compared to last year.

Breakdown of Home Sale Times

4 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 Ingalls are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 5 homes were sold in Ingalls; 80% of homes were sold within 30 days, 20% 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 21 Days Ago

Newest Listings in Ingalls, IN

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