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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pierceton is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Pierceton was a Neutral Market.

Key Takeaway

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

Housing Prices in Pierceton, IN

How much do homes in Pierceton, IN cost?

Median Sold Price

$290,500

$123/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$102,937(+54.9%)

Key Takeaway

Homes in Pierceton have sold for 54.9% more than they did a month ago.

Summary: The median home sold price in Pierceton was $290,500 in October 2024, up 54.9% from last month, and the median price per square foot was $123.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $230.1K$196K
-14.8%
3 $145K$120K
-17.2%
4 --
N/A
5+ -$385K
N/A

Summary: Pierceton 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 decreased by 14.8%, 3 bedroom homes decreased by 17.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Pierceton
+54.9%
Washington Township
-7.0%

Housing Supply in Pierceton, IN

How many homes are available in Pierceton, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1418+28.6%

Summary: The Pierceton real estate market had 18 homes for sale in October 2024, a 28.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 67
+16.7%
3 67
+16.7%
4 01
+100.0%
5+ 23
+50.0%

Summary: The Pierceton 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 16.7%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

3 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 Pierceton, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Pierceton in October 2024, up by 100.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for Pierceton, 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 16 Days Ago

Newest Listings in Pierceton, IN

Nearby Markets to Pierceton, IN