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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Paoli is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Paoli was a Seller's Market.

Key Takeaway

Paoli is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Paoli, IN

How much do homes in Paoli, IN cost?

Median Sold Price

$205,000

$158/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$43,250(+26.7%)

Key Takeaway

Homes in Paoli have sold for 26.7% more than they did a month ago.

Summary: The median home sold price in Paoli was $205,000 in November 2024, up 26.7% from last month, and the median price per square foot was $158.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $180K-
N/A
2 $121K$225K
+86.0%
3 $165K$185K
+12.1%
4 --
N/A
5+ --
N/A

Summary: Paoli 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 increased by 86%, 3 bedroom homes increased by 12.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Paoli
+26.7%
Paoli Township
+26.7%

Housing Supply in Paoli, IN

How many homes are available in Paoli, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2216-27.3%

Summary: The Paoli real estate market had 16 homes for sale in November 2024, a 27.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 31
-66.7%
2 52
-60.0%
3 1211
-8.3%
4 22
0.0%
5+ 00
0.0%

Summary: The Paoli housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 66.7%, 2 bedroom homes decreased by 60%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
82-75.0%

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 Paoli, 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 Paoli in November 2024, down by 75.0% 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 Paoli, 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 21 Days Ago

Newest Listings in Paoli, IN

Nearby Markets to Paoli, IN

What housing markets are near Paoli, IN?