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 December 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 December 2023

+$73,550(+45.6%)

Key Takeaway

Homes in Knightstown have sold for 45.6% more than they did a year ago.

Summary: The median home sold price in Knightstown was $235,000 in December 2024, up 45.6% from last year, and the median price per square foot was $107.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $140K$162K
+15.7%
2 $131K$167K
+27.5%
3 $167.5K$215K
+28.4%
4 $233.7K$315K
+34.8%
5+ $264.9K$293K
+10.6%

Summary: Knightstown housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.7%, 2 bedroom homes increased by 27.5%, 3 bedroom homes increased by 28.4%, 4 bedroom homes increased by 34.8%, and 5+ bedroom homes increased by 10.6%.

Median Sold Price Compared To Nearby Cities

Knightstown
+45.6%
Wayne Township
+33.2%

Housing Supply in Knightstown, IN

How many homes are available in Knightstown, IN?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
2217-22.7%

Summary: The Knightstown real estate market had 17 homes for sale in December 2024, a 22.7% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 1010
0.0%
3 74
-42.9%
4 10
-100.0%
5+ 43
-25.0%

Summary: The Knightstown housing inventory by bedroom type for December 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 42.9%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
54-20.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 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, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Knightstown in December 2024, down by 20.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% 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

Dec 2023Dec 2024CHANGE
29 Days414 Days+1296.6%

Summary: Homes in Knightstown had an average of 414 days on market in Dec 2024, up by 1296.6% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Knightstown has remained consistent over time.

Summary: During December 2024, 4 homes were sold in Knightstown; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% 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 4 Days Ago

Newest Listings in Knightstown, IN

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