Is Owen County, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Owen County is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Owen County has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Owen County, IN

How much do homes in Owen County, IN cost?

Median Sold Price

$280,000

$147/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$65,000(+30.2%)

Key Takeaway

Homes in Owen County have sold for 30.2% more than they did a year ago.

Summary: The median home sold price in Owen County was $280,000 in October 2024, up 30.2% from last year, and the median price per square foot was $147.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $130K$120K
-7.7%
2 $159.2K$153.2K
-3.8%
3 $239.5K$281K
+17.3%
4 $281.2K$365K
+29.8%
5+ $309.9K$347.5K
+12.1%

Summary: Owen County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.7%, 2 bedroom homes decreased by 3.8%, 3 bedroom homes increased by 17.3%, 4 bedroom homes increased by 29.8%, and 5+ bedroom homes increased by 12.1%.

Median Sold Price Compared To Nearby Counties

Owen County
+30.2%
Putnam County
+14.5%
Clay County
-2.1%

Housing Supply in Owen County, IN

How many homes are available in Owen County, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
116115-0.9%

Summary: The Owen County real estate market had 115 homes for sale in October 2024, a 0.9% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 1111
0.0%
2 2324
+4.3%
3 4852
+8.3%
4 2822
-21.4%
5+ 66
0.0%

Summary: The Owen County 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 increased by 4.3%, 3 bedroom homes increased by 8.3%, 4 bedroom homes decreased by 21.4%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2927-6.9%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Owen County, you may be able to get a good deal. 65.4% of homes here sold below asking price last month.

Summary: A total of 27 homes were sold or pending in Owen County in October 2024, down by 6.9% month-over-month. Of the 26 sold homes, 65% were sold under asking, 27% were sold at asking, and 8% were sold over asking.

Days on Market for Owen County, IN

How long does it take to sell a home in Owen County, IN?

Average Sale Time

Oct 2023Oct 2024CHANGE
19 Days50 Days+156.4%

Summary: Homes in Owen County had an average of 50 days on market in Oct 2024, up by 156.4% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Owen County has remained consistent over time.

Summary: During October 2024, 27 homes were sold in Owen County; 11% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 4% 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 20 Days Ago

Newest Listings in Owen County, IN

Nearby Markets to Owen County, IN

What housing markets are near Owen County, IN?