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 neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Knox County was a Seller's Market.

Key Takeaway

Knox County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Knox County, IN

How much do homes in Knox County, IN cost?

Median Sold Price

$150,000

$109/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$2,500(+1.7%)

Key Takeaway

Homes in Knox County have sold for 1.7% more than they did a month ago.

Summary: The median home sold price in Knox County was $150,000 in November 2024, up 1.7% from last month, and the median price per square foot was $109.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $31.5K$13K
-58.7%
2 $97.5K$100K
+2.6%
3 $152.5K$217K
+42.3%
4 $216.2K$226.5K
+4.7%
5+ $455K-
N/A

Summary: Knox County housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 58.7%, 2 bedroom homes increased by 2.6%, 3 bedroom homes increased by 42.3%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

Pike County
+32.9%
Daviess County
+5.9%
Knox County
+1.7%
Gibson County
-7.6%

Housing Supply in Knox County, IN

How many homes are available in Knox County, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
143141-1.4%

Summary: The Knox County real estate market had 141 homes for sale in November 2024, a 1.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 64
-33.3%
2 4244
+4.8%
3 7368
-6.8%
4 1721
+23.5%
5+ 54
-20.0%

Summary: The Knox County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 4.8%, 3 bedroom homes decreased by 6.8%, 4 bedroom homes increased by 23.5%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2924-17.2%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

2 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. 57.9% of homes here sold below asking price last month.

Summary: A total of 24 homes were sold or pending in Knox County in November 2024, down by 17.2% month-over-month. Of the 19 sold homes, 58% were sold under asking, 32% were sold at asking, and 11% were sold over asking.

Days on Market for Knox County, IN

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Knox County, IN

Nearby Markets to Knox County, IN

What housing markets are near Knox County, IN?