$1,746 Closing Credit*
$147,000
3 Beds
•1 Full Bath
Elius Hogan, Listing Office: Hosler Realty Inc - Kendallville
Is Kendallville, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Kendallville has remained a Seller's Market.
Key Takeaway
Kendallville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Kendallville, IN
How much do homes in Kendallville, IN cost?
Median Sold Price
$179,000
$126/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$83,000(-31.7%)
Key Takeaway
Homes in Kendallville have sold for 31.7% less than they did a month ago.
Summary: The median home sold price in Kendallville was $179,000 in October 2024, down 31.7% from last month, and the median price per square foot was $126.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $305K | - | N/A |
| 2 Bedrooms | $255K | $109.5K | -57.1% |
| 3 Bedrooms | $244K | $179K | -26.6% |
| 4 Bedrooms | $280K | $251.9K | -10.0% |
| 5+ Bedrooms | - | $200K | N/A |
Summary: Kendallville housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 57.1%, 3 bedroom homes decreased by 26.6%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Wayne Township | $255K | $182K | -28.6% |
| Allen Township | $259K | $185K | -28.6% |
| Kendallville | $262K | $179K | -31.7% |
Housing Supply in Kendallville, IN
How many homes are available in Kendallville, IN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 51 | 59 | +15.7% |
Summary: The Kendallville real estate market had 59 homes for sale in October 2024, a 15.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 4 | 5 | +25.0% |
| 3 Bedrooms | 29 | 37 | +27.6% |
| 4 Bedrooms | 13 | 13 | 0.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Kendallville housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 27.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 17 | +41.7% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Kendallville, you may be able to get a good deal. 47.1% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in Kendallville in October 2024, up by 41.7% month-over-month. Of the 17 sold homes, 47% were sold under asking, 24% were sold at asking, and 29% were sold over asking.
Days on Market for Kendallville, IN
We’re sorry, we don't have information for this market at the moment
The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2011-2024 Indiana Regional MLS. All rights reserved.