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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Roachdale is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Roachdale was a Neutral Market.

Key Takeaway

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

Housing Prices in Roachdale, IN

How much do homes in Roachdale, IN cost?

Median Sold Price

$289,900

$123/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$63,372(+28.0%)

Key Takeaway

Homes in Roachdale have sold for 28% more than they did a month ago.

Summary: The median home sold price in Roachdale was $289,900 in October 2024, up 28% from last month, and the median price per square foot was $123.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $299K$565K
+89.0%
4 -$269.9K
N/A
5+ $154K-
N/A

Summary: Roachdale 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 did not change, 3 bedroom homes increased by 89%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Roachdale, IN

How many homes are available in Roachdale, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1311-15.4%

Summary: The Roachdale real estate market had 11 homes for sale in October 2024, a 15.4% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 76
-14.3%
4 55
0.0%
5+ 10
-100.0%

Summary: The Roachdale 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 decreased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Roachdale, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Roachdale in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Roachdale, IN

How long does it take to sell a home in Roachdale, IN?

Average Sale Time

Sep 2024Oct 2024CHANGE
2 Days86 Days+4216.7%

Summary: Homes in Roachdale had an average of 86 days on market in Oct 2024, up by 4216.7% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 3 homes were sold in Roachdale; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% 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 16 Days Ago

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