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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Markle is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Markle, IN

How much do homes in Markle, IN cost?

Median Sold Price

$232,500

$160/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$122,500(-34.5%)

Key Takeaway

Homes in Markle have sold for 34.5% less than they did a month ago.

Summary: The median home sold price in Markle was $232,500 in October 2024, down 34.5% from last month, and the median price per square foot was $160.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$135K
N/A
3 $136.2K$210K
+54.2%
4 $282.5K$605K
+114.2%
5+ $490K-
N/A

Summary: Markle 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 increased by 54.2%, 4 bedroom homes increased by 114.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Union Township
+19.1%
Rockcreek Township
-14.2%
Markle
-34.5%
Markle
-39.6%
Rock Creek Township
-74.3%

Housing Supply in Markle, IN

How many homes are available in Markle, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1211-8.3%

Summary: The Markle real estate market had 11 homes for sale in October 2024, a 8.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 56
+20.0%
4 32
-33.3%
5+ 20
-100.0%

Summary: The Markle 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 increased by 50%, 3 bedroom homes increased by 20%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
56+20.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Markle, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Markle in October 2024, up by 20.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 17% were sold at asking, and 0% were sold over asking.

Days on Market for Markle, 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 Markle, IN

Nearby Markets to Markle, IN