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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Middlebury is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Middlebury was a Buyer's Market.

Key Takeaway

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

Housing Prices in Middlebury, IN

How much do homes in Middlebury, IN cost?

Median Sold Price

$255,000

$138/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$60,500(-19.2%)

Key Takeaway

Homes in Middlebury have sold for 19.2% less than they did a month ago.

Summary: The median home sold price in Middlebury was $255,000 in October 2024, down 19.2% from last month, and the median price per square foot was $138.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $305K$274K
-10.2%
4 $326K$254.5K
-21.9%
5+ --
N/A

Summary: Middlebury 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 10.2%, 4 bedroom homes decreased by 21.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

York Township
+22.4%
Middlebury
-19.2%
Middlebury Township
-19.2%

Housing Supply in Middlebury, IN

How many homes are available in Middlebury, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2938+31.0%

Summary: The Middlebury real estate market had 38 homes for sale in October 2024, a 31.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 03
+100.0%
3 1618
+12.5%
4 89
+12.5%
5+ 58
+60.0%

Summary: The Middlebury 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 100%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 60%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
411+175.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Middlebury, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in Middlebury in October 2024, up by 175.0% month-over-month. Of the 11 sold homes, 45% were sold under asking, 36% were sold at asking, and 18% were sold over asking.

Days on Market for Middlebury, 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 20 Days Ago

Newest Listings in Middlebury, IN

Nearby Markets to Middlebury, IN