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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Posey County is a 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

# BEDSSep 2024Oct 2024CHANGE
1 -$80.5K
N/A
2 $57.7K$142K
+146.1%
3 $158K$235K
+48.7%
4 $457.5K$285K
-37.7%
5+ $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
+19.1%
Vanderburgh County
-1.3%

Housing Supply in Posey County, IN

How many homes are available in Posey County, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4350+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

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 56
+20.0%
3 2126
+23.8%
4 1314
+7.7%
5+ 33
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 2024Oct 2024CHANGE
919+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

Asking vs Sold - buyer

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

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 Posey County, IN

Nearby Markets to Posey County, IN

What housing markets are near Posey County, IN?