Is New Harmony, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing New Harmony is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, New Harmony was a Neutral Market.

Key Takeaway

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

Housing Prices in New Harmony, IN

How much do homes in New Harmony, IN cost?

Median Sold Price

$265,000

$131/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$125,000(-32.1%)

Key Takeaway

Homes in New Harmony have sold for 32.1% less than they did a month ago.

Summary: The median home sold price in New Harmony was $265,000 in October 2024, down 32.1% from last month, and the median price per square foot was $131.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$142K
N/A
3 $390K-
N/A
4 -$399.5K
N/A
5+ --
N/A

Summary: New Harmony 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Harmony Township
-13.3%
New Harmony
-32.1%

Housing Supply in New Harmony, IN

How many homes are available in New Harmony, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
67+16.7%

Summary: The New Harmony real estate market had 7 homes for sale in October 2024, a 16.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 22
0.0%
4 34
+33.3%
5+ 00
0.0%

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

Number of Homes Sold

Sep 2024Oct 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

3 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 New Harmony, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in New Harmony in October 2024, up by 200.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for New Harmony, 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 22 Days Ago

Newest Listings in New Harmony, IN

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