Is North Perry, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North Perry is a seller's market

Buyer's
Market

Difference Since September 2023

Since last year, North Perry has remained a Seller's Market.

Key Takeaway

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

Housing Prices in North Perry, IN

How much do homes in North Perry, IN cost?

Median Sold Price

$210,000

$109/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$25,000(+13.5%)

Key Takeaway

Homes in North Perry have sold for 13.5% more than they did a year ago.

Summary: The median home sold price in North Perry was $210,000 in September 2024, up 13.5% from last year, and the median price per square foot was $109.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 -$62K
N/A
2 $169K$157.3K
-6.9%
3 $187.4K$213K
+13.6%
4 $275K$250K
-9.1%
5+ $195K$492.5K
+152.6%

Summary: North Perry housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 6.9%, 3 bedroom homes increased by 13.6%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes increased by 152.6%.

Median Sold Price Compared To Nearby Neighborhoods

North Perry
+13.5%
Garfield Park
+9.9%
Mars Hill
+9.0%

Housing Supply in North Perry, IN

How many homes are available in North Perry, IN?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
1519+26.7%

Summary: The North Perry real estate market had 19 homes for sale in September 2024, a 26.7% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 34
+33.3%
3 912
+33.3%
4 33
0.0%
5+ 00
0.0%

Summary: The North Perry housing inventory by bedroom type for September 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 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
35+66.7%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in North Perry, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in North Perry in September 2024, up by 66.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.

Days on Market for North Perry, IN

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

Average Sale Time

Sep 2023Sep 2024CHANGE
17 Days8 Days-49.5%

Summary: Homes in North Perry had an average of 8 days on market in Sep 2024, down by 49.5% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in North Perry are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 5 homes were sold in North Perry; 80% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 Sep 1, 2024

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