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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Irvington is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Irvington, IN

How much do homes in Irvington, IN cost?

Median Sold Price

$228,000

$110/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$3,000(+1.3%)

Key Takeaway

Homes in Irvington have sold for 1.3% more than they did a year ago.

Summary: The median home sold price in Irvington was $228,000 in November 2024, up 1.3% from last year, and the median price per square foot was $110.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $105K-
N/A
2 $194K$208K
+7.2%
3 $225.8K$241.5K
+6.9%
4 $319.5K$277.5K
-13.1%
5+ $311.8K$336.7K
+8.0%

Summary: Irvington 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 increased by 7.2%, 3 bedroom homes increased by 6.9%, 4 bedroom homes decreased by 13.1%, and 5+ bedroom homes increased by 8%.

Housing Supply in Irvington, IN

How many homes are available in Irvington, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6160-1.6%

Summary: The Irvington real estate market had 60 homes for sale in November 2024, a 1.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1919
0.0%
3 3433
-2.9%
4 75
-28.6%
5+ 13
+200.0%

Summary: The Irvington 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 decreased by 2.9%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes increased by 200%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
16160.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Irvington, expect to pay close to the asking price. 43.8% of homes here sold near the asking price last month.

Summary: A total of 16 homes were sold or pending in Irvington in November 2024, the same as the previous month. Of the 16 sold homes, 31% were sold under asking, 44% were sold at asking, and 25% were sold over asking.

Days on Market for Irvington, IN

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

Average Sale Time

Nov 2023Nov 2024CHANGE
26 Days20 Days-24.4%

Summary: Homes in Irvington had an average of 20 days on market in Nov 2024, down by 24.4% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 16 homes were sold in Irvington; 75% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 6% 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 Irvington, IN

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