Is Leo-Cedarville, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Leo-Cedarville is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Leo-Cedarville has remained a Seller's Market.

Key Takeaway

Leo-Cedarville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Leo-Cedarville, IN

How much do homes in Leo-Cedarville, IN cost?

Median Sold Price

$224,000

$158/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$67,500(-23.2%)

Key Takeaway

Homes in Leo-Cedarville have sold for 23.2% less than they did a month ago.

Summary: The median home sold price in Leo-Cedarville was $224,000 in November 2024, down 23.2% from last month, and the median price per square foot was $158.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $291.5K$224K
-23.2%
4 --
N/A
5+ --
N/A

Summary: Leo-Cedarville 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 did not change, 3 bedroom homes decreased by 23.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Cedar Creek Township
-14.4%
Leo-Cedarville
-23.2%
Leo
-54.6%

Housing Supply in Leo-Cedarville, IN

How many homes are available in Leo-Cedarville, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
910+11.1%

Summary: The Leo-Cedarville real estate market had 10 homes for sale in November 2024, a 11.1% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 55
0.0%
4 45
+25.0%
5+ 00
0.0%

Summary: The Leo-Cedarville housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
220.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Leo-Cedarville, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Leo-Cedarville in November 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for Leo-Cedarville, 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 17 Days Ago

Newest Listings in Leo-Cedarville, IN

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