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

$265,000

$155/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$27,500(+11.6%)

Key Takeaway

Homes in LaGrange County have sold for 11.6% more than they did a month ago.

Summary: The median home sold price in LaGrange County was $265,000 in October 2024, up 11.6% from last month, and the median price per square foot was $155.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 $225K-
N/A
2 $205.5K$170K
-17.3%
3 $250K$316K
+26.4%
4 $275K$355K
+29.1%
5+ --
N/A

Summary: LaGrange 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 17.3%, 3 bedroom homes increased by 26.4%, 4 bedroom homes increased by 29.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

LaGrange County
+11.6%
Elkhart County
-1.1%
Steuben County
-8.0%
Noble County
-16.9%

Housing Supply in LaGrange County, IN

How many homes are available in LaGrange County, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6563-3.1%

Summary: The LaGrange County real estate market had 63 homes for sale in October 2024, a 3.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 10
-100.0%
2 127
-41.7%
3 2934
+17.2%
4 2019
-5.0%
5+ 33
0.0%

Summary: The LaGrange County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 41.7%, 3 bedroom homes increased by 17.2%, 4 bedroom homes decreased by 5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2011-45.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in LaGrange County, expect to pay close to the asking price. 45.5% of homes here sold near the asking price last month.

Summary: A total of 11 homes were sold or pending in LaGrange County in October 2024, down by 45.0% month-over-month. Of the 11 sold homes, 36% were sold under asking, 45% were sold at asking, and 18% 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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