$4,275 Closing Credit*
$360,000
2,323 SqFt
3 Beds
•2 Full Baths, 1 Partial
Orin Edwards, Listing Office: CENTURY 21 Scheetz
Is Key Meadows, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$231,250
$148/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$2,300(+1.0%)
Key Takeaway
Homes in Key Meadows have sold for 1% more than they did a year ago.
Summary: The median home sold price in Key Meadows was $231,250 in October 2024, up 1% from last year, and the median price per square foot was $148.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $150K | $102.2K | -31.8% |
| 2 Bedrooms | $175K | $188.7K | +7.9% |
| 3 Bedrooms | $235K | $239K | +1.7% |
| 4 Bedrooms | $305K | $295K | -3.3% |
| 5+ Bedrooms | $365K | $360K | -1.4% |
Summary: Key Meadows housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 31.8%, 2 bedroom homes increased by 7.9%, 3 bedroom homes increased by 1.7%, 4 bedroom homes decreased by 3.3%, and 5+ bedroom homes decreased by 1.4%.
Median Sold Price Compared To Nearby Neighborhoods
| Eagle Valley | $175K | $194K | +10.9% |
| Key Meadows | $228.9K | $231.2K | +1.0% |
Housing Supply in Key Meadows, IN
How many homes are available in Key Meadows, IN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 41 | 44 | +7.3% |
Summary: The Key Meadows real estate market had 44 homes for sale in October 2024, a 7.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 9 | 6 | -33.3% |
| 3 Bedrooms | 26 | 28 | +7.7% |
| 4 Bedrooms | 6 | 8 | +33.3% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Key Meadows housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 10 | -16.7% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Key Meadows, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Key Meadows in October 2024, down by 16.7% month-over-month. Of the 10 sold homes, 60% were sold under asking, 30% were sold at asking, and 10% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 16 Days | 18 Days | +15.8% |
Summary: Homes in Key Meadows had an average of 18 days on market in Oct 2024, up by 15.8% compared to last year.
Breakdown of Home Sale Times
8 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 October 2024, 10 homes were sold in Key Meadows; 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.
Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by MLS GRID.