$2,476 Closing Credit*
$208,500
3 Beds
•1 Full Bath
Sherry Hancock, Listing Office: ERA FIRST ADVANTAGE REALTY, INC
Is Posey County, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Posey County has remained a Seller's Market.
Key Takeaway
Posey County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Posey County, IN
How much do homes in Posey County, IN cost?
Median Sold Price
$190,000
$140/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$30,500(+19.1%)
Key Takeaway
Homes in Posey County have sold for 19.1% more than they did a month ago.
Summary: The median home sold price in Posey County was $190,000 in October 2024, up 19.1% from last month, and the median price per square foot was $140.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $80.5K | N/A |
| 2 Bedrooms | $57.7K | $142K | +146.1% |
| 3 Bedrooms | $158K | $235K | +48.7% |
| 4 Bedrooms | $457.5K | $285K | -37.7% |
| 5+ Bedrooms | $625K | - | N/A |
Summary: Posey County 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 increased by 146.1%, 3 bedroom homes increased by 48.7%, 4 bedroom homes decreased by 37.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Counties
| Posey County | $159.5K | $190K | +19.1% |
| Vanderburgh County | $187K | $184.5K | -1.3% |
Housing Supply in Posey County, IN
How many homes are available in Posey County, IN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 43 | 50 | +16.3% |
Summary: The Posey County real estate market had 50 homes for sale in October 2024, a 16.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 5 | 6 | +20.0% |
| 3 Bedrooms | 21 | 26 | +23.8% |
| 4 Bedrooms | 13 | 14 | +7.7% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Posey County 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 20%, 3 bedroom homes increased by 23.8%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 19 | +111.1% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Posey County, you may be able to get a good deal. 53.3% of homes here sold below asking price last month.
Summary: A total of 19 homes were sold or pending in Posey County in October 2024, up by 111.1% month-over-month. Of the 15 sold homes, 53% were sold under asking, 40% were sold at asking, and 7% were sold over asking.
Days on Market for Posey County, IN
We’re sorry, we don't have information for this market at the moment
The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2011-2024 Indiana Regional MLS. All rights reserved.