$1,839 Closing Credit*
$154,900
1,179 SqFt
2 Beds
•1 Full Bath
Dean Glascock, Listing Office: F.C. Tucker Company
Is Key Meadows, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Key Meadows has remained a Seller's Market.
Key Takeaway
Key Meadows is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Key Meadows, IN
How much do homes in Key Meadows, IN cost?
Median Sold Price
$234,200
$146/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$4,250(+1.8%)
Key Takeaway
Homes in Key Meadows have sold for 1.8% more than they did a year ago.
Summary: The median home sold price in Key Meadows was $234,200 in November 2024, up 1.8% from last year, and the median price per square foot was $146.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $111.2K | $118.5K | +6.5% |
| 2 Bedrooms | $175K | $187K | +6.9% |
| 3 Bedrooms | $235K | $240K | +2.1% |
| 4 Bedrooms | $302.5K | $295.5K | -2.3% |
| 5+ Bedrooms | $365K | $360K | -1.4% |
Summary: Key Meadows housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.5%, 2 bedroom homes increased by 6.9%, 3 bedroom homes increased by 2.1%, 4 bedroom homes decreased by 2.3%, and 5+ bedroom homes decreased by 1.4%.
Median Sold Price Compared To Nearby Neighborhoods
| Eagle Valley | $175K | $192K | +9.7% |
| Key Meadows | $229.9K | $234.2K | +1.8% |
Housing Supply in Key Meadows, IN
How many homes are available in Key Meadows, IN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 42 | 34 | -19.0% |
Summary: The Key Meadows real estate market had 34 homes for sale in November 2024, a 19.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 7 | 6 | -14.3% |
| 3 Bedrooms | 25 | 19 | -24.0% |
| 4 Bedrooms | 8 | 7 | -12.5% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Key Meadows 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 decreased by 14.3%, 3 bedroom homes decreased by 24%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 8 | -33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Key Meadows, expect to pay close to the asking price. 62.5% of homes here sold near the asking price last month.
Summary: A total of 8 homes were sold or pending in Key Meadows in November 2024, down by 33.3% month-over-month. Of the 8 sold homes, 25% were sold under asking, 63% were sold at asking, and 13% were sold over asking.
Days on Market for Key Meadows, IN
How long does it take to sell a home in Key Meadows, IN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 15 Days | 15 Days | -1.8% |
Summary: Homes in Key Meadows had an average of 15 days on market in Nov 2024, down by 1.8% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Key Meadows are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 8 homes were sold in Key Meadows; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by MLS GRID.