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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Knightstown is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Knightstown was a Buyer's Market.

Key Takeaway

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

Housing Prices in Knightstown, IN

How much do homes in Knightstown, IN cost?

Median Sold Price

$235,000

$107/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$75,000(+46.9%)

Key Takeaway

Homes in Knightstown have sold for 46.9% more than they did a year ago.

Summary: The median home sold price in Knightstown was $235,000 in November 2024, up 46.9% from last year, and the median price per square foot was $107.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $140K$162K
+15.7%
2 $131K$164.9K
+25.9%
3 $167.5K$222.4K
+32.8%
4 $211.2K$317.5K
+50.3%
5+ $264.9K$293K
+10.6%

Summary: Knightstown housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.7%, 2 bedroom homes increased by 25.9%, 3 bedroom homes increased by 32.8%, 4 bedroom homes increased by 50.3%, and 5+ bedroom homes increased by 10.6%.

Housing Supply in Knightstown, IN

How many homes are available in Knightstown, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
24240.0%

Summary: The Knightstown real estate market had 24 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 910
+11.1%
3 88
0.0%
4 42
-50.0%
5+ 34
+33.3%

Summary: The Knightstown 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 increased by 11.1%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
75-28.6%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Knightstown, expect to pay close to the asking price. 40% of homes here sold near the asking price last month.

Summary: A total of 5 homes were sold or pending in Knightstown in November 2024, down by 28.6% month-over-month. Of the 5 sold homes, 20% were sold under asking, 40% were sold at asking, and 40% were sold over asking.

Days on Market for Knightstown, IN

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

Average Sale Time

Nov 2023Nov 2024CHANGE
83 Days53 Days-35.9%

Summary: Homes in Knightstown had an average of 53 days on market in Nov 2024, down by 35.9% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 5 homes were sold in Knightstown; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% 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 2 Days Ago

Newest Listings in Knightstown, IN

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