$5,047 Closing Credit*
$425,000
3,337 SqFt
5 Beds
•2 Full Baths, 1 Partial
Andy Deemer, Listing Office: F.C. Tucker Company
Is Pittsboro, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Pittsboro has remained a Seller's Market.
Key Takeaway
Pittsboro is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Pittsboro, IN
How much do homes in Pittsboro, IN cost?
Median Sold Price
$360,000
$167/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$23,750(+7.1%)
Key Takeaway
Homes in Pittsboro have sold for 7.1% more than they did a year ago.
Summary: The median home sold price in Pittsboro was $360,000 in October 2024, up 7.1% from last year, and the median price per square foot was $167.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $270K | $287.5K | +6.5% |
| 3 Bedrooms | $315K | $305.3K | -3.1% |
| 4 Bedrooms | $351K | $400K | +14.0% |
| 5+ Bedrooms | $453K | $401K | -11.5% |
Summary: Pittsboro housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.5%, 3 bedroom homes decreased by 3.1%, 4 bedroom homes increased by 14%, and 5+ bedroom homes decreased by 11.5%.
Median Sold Price Compared To Nearby Cities
| Pittsboro | $336.2K | $360K | +7.1% |
| Brownsburg | $345K | $364.7K | +5.7% |
| Middle Township | $332.5K | $350K | +5.3% |
| Brown Township | $409.9K | $417.8K | +1.9% |
Housing Supply in Pittsboro, IN
How many homes are available in Pittsboro, IN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 34 | 39 | +14.7% |
Summary: The Pittsboro real estate market had 39 homes for sale in October 2024, a 14.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 16 | 17 | +6.3% |
| 4 Bedrooms | 12 | 16 | +33.3% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Pittsboro 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 remained the same, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 10 | +42.9% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pittsboro, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Pittsboro in October 2024, up by 42.9% month-over-month. Of the 10 sold homes, 50% were sold under asking, 20% were sold at asking, and 30% were sold over asking.
Days on Market for Pittsboro, IN
How long does it take to sell a home in Pittsboro, IN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 14 Days | 15 Days | +5.7% |
Summary: Homes in Pittsboro had an average of 15 days on market in Oct 2024, up by 5.7% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Pittsboro are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 10 homes were sold in Pittsboro; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by MLS GRID.