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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Montpelier is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Montpelier was a Buyer's Market.

Key Takeaway

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

Housing Prices in Montpelier, IN

How much do homes in Montpelier, IN cost?

Median Sold Price

$80,000

$40/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$15,000(+23.1%)

Key Takeaway

Homes in Montpelier have sold for 23.1% more than they did a month ago.

Summary: The median home sold price in Montpelier was $80,000 in November 2024, up 23.1% from last month, and the median price per square foot was $40.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $65K$22K
-66.2%
4 -$138K
N/A
5+ --
N/A

Summary: Montpelier 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 did not change, 3 bedroom homes decreased by 66.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Montpelier
+23.1%
Harrison Township
+23.1%

Housing Supply in Montpelier, IN

How many homes are available in Montpelier, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1113+18.2%

Summary: The Montpelier real estate market had 13 homes for sale in November 2024, a 18.2% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 34
+33.3%
3 56
+20.0%
4 33
0.0%
5+ 00
0.0%

Summary: The Montpelier 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 increased by 33.3%, 3 bedroom homes increased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
14+300.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Montpelier, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Montpelier in November 2024, up by 300.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Montpelier, 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 Montpelier, IN

Nearby Markets to Montpelier, IN