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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mulberry is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Mulberry has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Mulberry, IN

How much do homes in Mulberry, IN cost?

Median Sold Price

$400,000

$137/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$165,000(+70.2%)

Key Takeaway

Homes in Mulberry have sold for 70.2% more than they did a month ago.

Summary: The median home sold price in Mulberry was $400,000 in November 2024, up 70.2% from last month, and the median price per square foot was $137.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 -$181K
N/A
3 $225K$400K
+77.8%
4 $235K-
N/A
5+ --
N/A

Summary: Mulberry 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 increased by 77.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Mulberry, IN

How many homes are available in Mulberry, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
910+11.1%

Summary: The Mulberry real estate market had 10 homes for sale in November 2024, a 11.1% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 78
+14.3%
4 11
0.0%
5+ 00
0.0%

Summary: The Mulberry 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 remained the same, 3 bedroom homes increased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
330.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mulberry, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Mulberry in November 2024, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Mulberry, IN

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

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Mulberry are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 3 homes were sold in Mulberry; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% 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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