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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pike County is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Pike County was a Buyer's Market.

Key Takeaway

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

Housing Prices in Pike County, IN

How much do homes in Pike County, IN cost?

Median Sold Price

$139,500

$104/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$34,500(+32.9%)

Key Takeaway

Homes in Pike County have sold for 32.9% more than they did a month ago.

Summary: The median home sold price in Pike County was $139,500 in November 2024, up 32.9% from last month, and the median price per square foot was $104.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 -$125K
N/A
2 $30K$112.5K
+275.0%
3 $180K$161.1K
-10.5%
4 -$39K
N/A
5+ --
N/A

Summary: Pike County 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 275%, 3 bedroom homes decreased by 10.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

Pike County
+32.9%
Daviess County
+5.9%
Knox County
+1.7%
Dubois County
-0.3%
Gibson County
-7.6%

Housing Supply in Pike County, IN

How many homes are available in Pike County, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2430+25.0%

Summary: The Pike County real estate market had 30 homes for sale in November 2024, a 25.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 66
0.0%
3 1318
+38.5%
4 34
+33.3%
5+ 11
0.0%

Summary: The Pike County 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 increased by 38.5%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
29+350.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pike County, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Pike County in November 2024, up by 350.0% month-over-month. Of the 8 sold homes, 63% were sold under asking, 0% were sold at asking, and 38% were sold over asking.

Days on Market for Pike County, 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 20 Days Ago

Newest Listings in Pike County, IN

Nearby Markets to Pike County, IN

What housing markets are near Pike County, IN?