Is Meridian Hills / Williams Creek, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Meridian Hills / Williams Creek is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Meridian Hills / Williams Creek was a Seller's Market.

Key Takeaway

Meridian Hills / Williams Creek 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 Meridian Hills / Williams Creek, IN

How much do homes in Meridian Hills / Williams Creek, IN cost?

Median Sold Price

$635,000

$208/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$85,000(+15.5%)

Key Takeaway

Homes in Meridian Hills / Williams Creek have sold for 15.5% more than they did a year ago.

Summary: The median home sold price in Meridian Hills / Williams Creek was $635,000 in November 2024, up 15.5% from last year, and the median price per square foot was $208.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $500K$427K
-14.6%
3 $450K$500K
+11.1%
4 $639.9K$754.9K
+18.0%
5+ $1.5M$1.5M
+1.1%

Summary: Meridian Hills / Williams Creek housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 14.6%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 18%, and 5+ bedroom homes increased by 1.1%.

Housing Supply in Meridian Hills / Williams Creek, IN

How many homes are available in Meridian Hills / Williams Creek, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2719-29.6%

Summary: The Meridian Hills / Williams Creek real estate market had 19 homes for sale in November 2024, a 29.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 63
-50.0%
3 75
-28.6%
4 76
-14.3%
5+ 75
-28.6%

Summary: The Meridian Hills / Williams Creek 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 decreased by 50%, 3 bedroom homes decreased by 28.6%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes decreased by 28.6%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
83-62.5%

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 Meridian Hills / Williams Creek, 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 Meridian Hills / Williams Creek in November 2024, down by 62.5% 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 Meridian Hills / Williams Creek, IN

How long does it take to sell a home in Meridian Hills / Williams Creek, IN?

Average Sale Time

Nov 2023Nov 2024CHANGE
11 Days5 Days-52.4%

Summary: Homes in Meridian Hills / Williams Creek had an average of 5 days on market in Nov 2024, down by 52.4% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Meridian Hills / Williams Creek are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 3 homes were sold in Meridian Hills / Williams Creek; 100% of homes were sold within 30 days, 0% 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 21 Days Ago

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