Is Loogootee, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Loogootee is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Loogootee was a Seller's Market.

Key Takeaway

Loogootee 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 Loogootee, IN

How much do homes in Loogootee, IN cost?

Median Sold Price

$450,000

$179/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$242,500(+116.9%)

Key Takeaway

Homes in Loogootee have sold for 116.9% more than they did a month ago.

Summary: The median home sold price in Loogootee was $450,000 in November 2024, up 116.9% from last month, and the median price per square foot was $179.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $233K-
N/A
3 $182K$450K
+147.3%
4 -$375K
N/A
5+ -$639K
N/A

Summary: Loogootee 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 increased by 147.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Loogootee
+116.9%
Perry Township
+34.2%

Housing Supply in Loogootee, IN

How many homes are available in Loogootee, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
20200.0%

Summary: The Loogootee real estate market had 20 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 23
+50.0%
3 108
-20.0%
4 45
+25.0%
5+ 33
0.0%

Summary: The Loogootee 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 increased by 50%, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Loogootee, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 3 homes were sold or pending in Loogootee in November 2024, down by 25.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.

Days on Market for Loogootee, 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 18 Days Ago

Newest Listings in Loogootee, IN

Nearby Markets to Loogootee, IN