Is Northwest High School, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Northwest High School is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Northwest High School has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Northwest High School, IN

How much do homes in Northwest High School, IN cost?

Median Sold Price

$185,000

$131/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$5,000(+2.8%)

Key Takeaway

Homes in Northwest High School have sold for 2.8% more than they did a year ago.

Summary: The median home sold price in Northwest High School was $185,000 in November 2024, up 2.8% from last year, and the median price per square foot was $131.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $146K$158K
+8.2%
3 $180.9K$185K
+2.3%
4 $205.5K$217K
+5.6%
5+ $205K$220K
+7.3%

Summary: Northwest High School housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8.2%, 3 bedroom homes increased by 2.3%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes increased by 7.3%.

Median Sold Price Compared To Nearby Neighborhoods

Gateway West
+7.9%
Northwest High School
+2.8%

Housing Supply in Northwest High School, IN

How many homes are available in Northwest High School, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3331-6.1%

Summary: The Northwest High School real estate market had 31 homes for sale in November 2024, a 6.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 34
+33.3%
3 1917
-10.5%
4 1110
-9.1%
5+ 00
0.0%

Summary: The Northwest High School 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 increased by 33.3%, 3 bedroom homes decreased by 10.5%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
136-53.8%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Northwest High School, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Northwest High School in November 2024, down by 53.8% month-over-month. Of the 6 sold homes, 83% were sold under asking, 17% were sold at asking, and 0% were sold over asking.

Days on Market for Northwest High School, IN

How long does it take to sell a home in Northwest High School, IN?

Average Sale Time

Nov 2023Nov 2024CHANGE
21 Days19 Days-10.0%

Summary: Homes in Northwest High School had an average of 19 days on market in Nov 2024, down by 10% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Northwest High School are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 6 homes were sold in Northwest High School; 83% of homes were sold within 30 days, 17% 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 21 Days Ago

Newest Listings in Northwest High School, IN

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