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

$291,500

$137/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$25,450(-8.0%)

Key Takeaway

Homes in Leo-Cedarville have sold for 8% less than they did a month ago.

Summary: The median home sold price in Leo-Cedarville was $291,500 in October 2024, down 8% from last month, and the median price per square foot was $137.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $316.9K$291.5K
-8.0%
4 --
N/A
5+ --
N/A

Summary: Leo-Cedarville 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 did not change, 3 bedroom homes decreased by 8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Spencerville
+89.1%
Cedar Creek Township
-4.2%
Leo-Cedarville
-8.0%
Leo
-10.7%

Housing Supply in Leo-Cedarville, IN

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

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
910+11.1%

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

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 66
0.0%
4 34
+33.3%
5+ 00
0.0%

Summary: The Leo-Cedarville 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
220.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Leo-Cedarville, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Leo-Cedarville in October 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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

Nearby Markets to Leo-Cedarville, IN

What housing markets are near Leo-Cedarville, IN?