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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing New Haven is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in New Haven, IN

How much do homes in New Haven, IN cost?

Median Sold Price

$240,000

$131/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$5,000(-2.0%)

Key Takeaway

Homes in New Haven have sold for 2% less than they did a month ago.

Summary: The median home sold price in New Haven was $240,000 in November 2024, down 2% from last month, and the median price per square foot was $131.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $225K-
N/A
3 $242.4K$216K
-10.9%
4 $277.5K$319K
+15.0%
5+ $329.9K-
N/A

Summary: New Haven 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 10.9%, 4 bedroom homes increased by 15%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

New Haven
-2.0%
Saint Joseph Township
-6.4%
Adams Township
-6.6%

Housing Supply in New Haven, IN

How many homes are available in New Haven, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
8885-3.4%

Summary: The New Haven real estate market had 85 homes for sale in November 2024, a 3.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 55
0.0%
3 5757
0.0%
4 2020
0.0%
5+ 52
-60.0%

Summary: The New Haven 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 60%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3026-13.3%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in New Haven, you may be able to get a good deal. 36% of homes here sold below asking price last month.

Summary: A total of 26 homes were sold or pending in New Haven in November 2024, down by 13.3% month-over-month. Of the 25 sold homes, 36% were sold under asking, 36% were sold at asking, and 28% were sold over asking.

Days on Market for New Haven, 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 New Haven, IN

Nearby Markets to New Haven, IN

What housing markets are near New Haven, IN?