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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Meadows is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Meadows has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Meadows, IN

How much do homes in Meadows, IN cost?

Median Sold Price

$125,000

$77/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$28,500(+29.5%)

Key Takeaway

Homes in Meadows have sold for 29.5% more than they did a year ago.

Summary: The median home sold price in Meadows was $125,000 in October 2024, up 29.5% from last year, and the median price per square foot was $77.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $79.9K$94.5K
+18.3%
3 $110K$157.5K
+43.2%
4 $210K$162.5K
-22.6%
5+ --
N/A

Summary: Meadows housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 18.3%, 3 bedroom homes increased by 43.2%, 4 bedroom homes decreased by 22.6%, and 5+ bedroom homes did not change.

Housing Supply in Meadows, IN

How many homes are available in Meadows, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
26260.0%

Summary: The Meadows real estate market had 26 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1213
+8.3%
3 1111
0.0%
4 32
-33.3%
5+ 00
0.0%

Summary: The Meadows 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 8.3%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
78+14.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Meadows, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Meadows in October 2024, up by 14.3% month-over-month. Of the 8 sold homes, 50% were sold under asking, 38% were sold at asking, and 13% were sold over asking.

Days on Market for Meadows, IN

How long does it take to sell a home in Meadows, IN?

Average Sale Time

Oct 2023Oct 2024CHANGE
18 Days31 Days+66.1%

Summary: Homes in Meadows had an average of 31 days on market in Oct 2024, up by 66.1% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Meadows are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 8 homes were sold in Meadows; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 22 Days Ago

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