$1,603 Closing Credit*
$135,000
3 Beds
•1 Full Bath, 1 Partial
Gloria Jones, Listing Office: Coldwell Banker Realty dba Coldwell Banker Residential Brokerage
Is Near Northwest, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Near Northwest was a Buyer's Market.
Key Takeaway
Near Northwest is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Near Northwest, IN
How much do homes in Near Northwest, IN cost?
Median Sold Price
$94,950
$84/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$34,950(+58.3%)
Key Takeaway
Homes in Near Northwest have sold for 58.3% more than they did a month ago.
Summary: The median home sold price in Near Northwest was $94,950 in November 2024, up 58.3% from last month, and the median price per square foot was $84.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $75K | N/A |
| 3 Bedrooms | $54.5K | $114.9K | +110.8% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | $60K | - | N/A |
Summary: Near Northwest 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 110.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| North Shore Triangle | $183.2K | $338.5K | +84.7% |
| Near Northwest | $60K | $94.9K | +58.3% |
Housing Supply in Near Northwest, IN
How many homes are available in Near Northwest, IN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 26 | 25 | -3.8% |
Summary: The Near Northwest real estate market had 25 homes for sale in November 2024, a 3.8% 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 | 3 | 3 | 0.0% |
| 3 Bedrooms | 16 | 16 | 0.0% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Near Northwest 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 6 | +100.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Near Northwest, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Near Northwest in November 2024, up by 100.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.
Days on Market for Near Northwest, 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.