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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing LaGrange County is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in LaGrange County, IN

How much do homes in LaGrange County, IN cost?

Median Sold Price

$250,000

$134/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$15,000(-5.7%)

Key Takeaway

Homes in LaGrange County have sold for 5.7% less than they did a month ago.

Summary: The median home sold price in LaGrange County was $250,000 in November 2024, down 5.7% from last month, and the median price per square foot was $134.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $170K$110K
-35.3%
3 $316K$292.9K
-7.3%
4 $355K$186K
-47.6%
5+ -$110K
N/A

Summary: LaGrange County housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 35.3%, 3 bedroom homes decreased by 7.3%, 4 bedroom homes decreased by 47.6%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

Steuben County
+29.3%
Noble County
+5.1%
Elkhart County
-4.0%
LaGrange County
-5.7%

Housing Supply in LaGrange County, IN

How many homes are available in LaGrange County, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5860+3.4%

Summary: The LaGrange County real estate market had 60 homes for sale in November 2024, a 3.4% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 01
+100.0%
2 65
-16.7%
3 3333
0.0%
4 1617
+6.3%
5+ 34
+33.3%

Summary: The LaGrange County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 16.7%, 3 bedroom homes remained the same, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1116+45.5%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in LaGrange County, you may be able to get a good deal. 68.8% of homes here sold below asking price last month.

Summary: A total of 16 homes were sold or pending in LaGrange County in November 2024, up by 45.5% month-over-month. Of the 16 sold homes, 69% were sold under asking, 25% were sold at asking, and 6% were sold over asking.

Days on Market for LaGrange 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 LaGrange County, IN

Nearby Markets to LaGrange County, IN

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