Is Knox County, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Knox County is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Knox County has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Knox County, IN

How much do homes in Knox County, IN cost?

Median Sold Price

$147,500

$84/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$6,500(-4.2%)

Key Takeaway

Homes in Knox County have sold for 4.2% less than they did a month ago.

Summary: The median home sold price in Knox County was $147,500 in October 2024, down 4.2% from last month, and the median price per square foot was $84.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 -$31.5K
N/A
2 $118K$97.5K
-17.4%
3 $147.9K$152.5K
+3.1%
4 $187.5K$216.2K
+15.3%
5+ -$455K
N/A

Summary: Knox County 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 17.4%, 3 bedroom homes increased by 3.1%, 4 bedroom homes increased by 15.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

Gibson County
+29.9%
Knox County
-4.2%
Daviess County
-4.6%
Pike County
-36.4%

Housing Supply in Knox County, IN

How many homes are available in Knox County, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
138143+3.6%

Summary: The Knox County real estate market had 143 homes for sale in October 2024, a 3.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 66
0.0%
2 3942
+7.7%
3 6772
+7.5%
4 2017
-15.0%
5+ 66
0.0%

Summary: The Knox County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 7.7%, 3 bedroom homes increased by 7.5%, 4 bedroom homes decreased by 15%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2436+50.0%

Asking Price vs. Sold Price

18 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Knox County, you may be able to get a good deal. 64.3% of homes here sold below asking price last month.

Summary: A total of 36 homes were sold or pending in Knox County in October 2024, up by 50.0% month-over-month. Of the 28 sold homes, 64% were sold under asking, 14% were sold at asking, and 21% were sold over asking.

Days on Market for Knox County, IN

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

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 36 homes were sold in Knox County; 3% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 Knox County, IN

Nearby Markets to Knox County, IN

What housing markets are near Knox County, IN?