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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Reelsville is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Reelsville has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Reelsville, IN

How much do homes in Reelsville, IN cost?

Median Sold Price

$112,500

$49/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$142,950(-56.0%)

Key Takeaway

Homes in Reelsville have sold for 56% less than they did a month ago.

Summary: The median home sold price in Reelsville was $112,500 in November 2024, down 56% from last month, and the median price per square foot was $49.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $255.4K-
N/A
4 -$112.5K
N/A
5+ --
N/A

Summary: Reelsville 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 did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Warren Township
-8.6%
Reelsville
-56.0%

Housing Supply in Reelsville, IN

How many homes are available in Reelsville, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
65-16.7%

Summary: The Reelsville real estate market had 5 homes for sale in November 2024, a 16.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 54
-20.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Reelsville 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 decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Reelsville, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Reelsville in November 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Reelsville, 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 17 Days Ago

Newest Listings in Reelsville, IN

Nearby Markets to Reelsville, IN