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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pittsboro is a seller's market

Buyer's
Market

Difference Since November 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

$166/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$22,500(+6.7%)

Key Takeaway

Homes in Pittsboro have sold for 6.7% more than they did a year ago.

Summary: The median home sold price in Pittsboro was $360,000 in November 2024, up 6.7% from last year, and the median price per square foot was $166.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $273.5K$416.7K
+52.4%
3 $313.7K$315K
0.4%
4 $362.2K$399.5K
+10.3%
5+ $456.4K$401K
-12.1%

Summary: Pittsboro housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 52.4%, 3 bedroom homes increased by 0.4%, 4 bedroom homes increased by 10.3%, and 5+ bedroom homes decreased by 12.1%.

Median Sold Price Compared To Nearby Cities

Pittsboro
+6.7%
Middle Township
+5.6%
Brownsburg
+5.3%
Brown Township
0.3%

Housing Supply in Pittsboro, IN

How many homes are available in Pittsboro, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
37370.0%

Summary: The Pittsboro real estate market had 37 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 13
+200.0%
3 1617
+6.3%
4 1513
-13.3%
5+ 54
-20.0%

Summary: The Pittsboro 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 increased by 200%, 3 bedroom homes increased by 6.3%, 4 bedroom homes decreased by 13.3%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
109-10.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pittsboro, you may be able to get a good deal. 77.8% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Pittsboro in November 2024, down by 10.0% month-over-month. Of the 9 sold homes, 78% were sold under asking, 11% were sold at asking, and 11% 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

Nov 2023Nov 2024CHANGE
16 Days41 Days+143.6%

Summary: Homes in Pittsboro had an average of 41 days on market in Nov 2024, up by 143.6% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Pittsboro are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 9 homes were sold in Pittsboro; 67% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 22% 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 17 Days Ago

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