$4,511 Closing Credit*
$379,900
3 Beds
•3 Full Baths
Sarah Kiefer, Listing Office: Coldwell Banker Shook
Is Otterbein, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Otterbein has remained a Seller's Market.
Key Takeaway
Otterbein is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Otterbein, IN
How much do homes in Otterbein, IN cost?
Median Sold Price
$235,000
$134/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$43,000(+22.4%)
Key Takeaway
Homes in Otterbein have sold for 22.4% more than they did a month ago.
Summary: The median home sold price in Otterbein was $235,000 in November 2024, up 22.4% from last month, and the median price per square foot was $134.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $154.9K | N/A |
| 3 Bedrooms | $192K | $235K | +22.4% |
| 4 Bedrooms | - | $235K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Otterbein 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 increased by 22.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Otterbein | $192K | $235K | +22.4% |
| Otterbein | $192K | $235K | +22.4% |
| Bolivar Township | $192K | $235K | +22.4% |
Housing Supply in Otterbein, IN
How many homes are available in Otterbein, IN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 6 | +50.0% |
Summary: The Otterbein real estate market had 6 homes for sale in November 2024, a 50.0% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 2 | 2 | 0.0% |
| 4 Bedrooms | 1 | 3 | +200.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Otterbein 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 increased by 200%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 3 | +200.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Otterbein, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Otterbein in November 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Otterbein, IN
We’re sorry, we don't have information for this market at the moment
The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2011-2024 Indiana Regional MLS. All rights reserved.