Is Orleans, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Orleans is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Orleans, IN

How much do homes in Orleans, IN cost?

Median Sold Price

$91,000

$54/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$49,000(-35.0%)

Key Takeaway

Homes in Orleans have sold for 35% less than they did a month ago.

Summary: The median home sold price in Orleans was $91,000 in October 2024, down 35% from last month, and the median price per square foot was $54.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$72K
N/A
3 $254.9K$110K
-56.9%
4 $140K-
N/A
5+ --
N/A

Summary: Orleans 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 decreased by 56.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Orleans
-35.0%
Orleans Township
-35.0%

Housing Supply in Orleans, IN

How many homes are available in Orleans, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
810+25.0%

Summary: The Orleans real estate market had 10 homes for sale in October 2024, a 25.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

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

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

Number of Homes Sold

Sep 2024Oct 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

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

Summary: A total of 2 homes were sold or pending in Orleans in October 2024, down by 33.3% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Orleans, 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 4 Days Ago

Newest Listings in Orleans, IN

Nearby Markets to Orleans, IN