$1,722 Closing Credit*
$145,000
2 Beds
•1 Full Bath
Helen Quick, Listing Office: RE/MAX 100
Is Mishawaka, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Mishawaka has remained a Seller's Market.
Key Takeaway
Mishawaka is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Mishawaka, IN
How much do homes in Mishawaka, IN cost?
Median Sold Price
$190,700
$129/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$23,300(-10.9%)
Key Takeaway
Homes in Mishawaka have sold for 10.9% less than they did a month ago.
Summary: The median home sold price in Mishawaka was $190,700 in November 2024, down 10.9% from last month, and the median price per square foot was $129.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $131.5K | $123.2K | -6.3% |
| 3 Bedrooms | $250.5K | $193.2K | -22.9% |
| 4 Bedrooms | $284.9K | $327.5K | +14.9% |
| 5+ Bedrooms | $378K | $284.9K | -24.6% |
Summary: Mishawaka 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 decreased by 6.3%, 3 bedroom homes decreased by 22.9%, 4 bedroom homes increased by 14.9%, and 5+ bedroom homes decreased by 24.6%.
Median Sold Price Compared To Nearby Cities
| Clay Township | $232.5K | $325K | +39.8% |
| Harris Township | $366.2K | $410K | +11.9% |
| Granger | $359.9K | $382.5K | +6.3% |
| Mishawaka | $214K | $190.7K | -10.9% |
| Penn Township | $225K | $197K | -12.4% |
Housing Supply in Mishawaka, IN
How many homes are available in Mishawaka, IN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 220 | 215 | -2.3% |
Summary: The Mishawaka real estate market had 215 homes for sale in November 2024, a 2.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 61 | 54 | -11.5% |
| 3 Bedrooms | 107 | 114 | +6.5% |
| 4 Bedrooms | 42 | 42 | 0.0% |
| 5+ Bedrooms | 10 | 5 | -50.0% |
Summary: The Mishawaka 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 11.5%, 3 bedroom homes increased by 6.5%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 63 | 55 | -12.7% |
Asking Price vs. Sold Price
23 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mishawaka, you may be able to get a good deal. 47.9% of homes here sold below asking price last month.
Summary: A total of 55 homes were sold or pending in Mishawaka in November 2024, down by 12.7% month-over-month. Of the 48 sold homes, 48% were sold under asking, 25% were sold at asking, and 27% were sold over asking.
Days on Market for Mishawaka, IN
We’re sorry, we don't have information for this market at the moment
The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2011-2024 Indiana Regional MLS. All rights reserved.