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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rush County is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Rush County has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Rush County, IN

How much do homes in Rush County, IN cost?

Median Sold Price

$162,250

$101/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$3,250(+2.0%)

Key Takeaway

Homes in Rush County have sold for 2% more than they did a year ago.

Summary: The median home sold price in Rush County was $162,250 in October 2024, up 2% from last year, and the median price per square foot was $101.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$128.5K
N/A
2 $104.9K$117K
+11.5%
3 $166.8K$199.7K
+19.7%
4 $190K$219K
+15.3%
5+ $245K$440K
+79.6%

Summary: Rush County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 11.5%, 3 bedroom homes increased by 19.7%, 4 bedroom homes increased by 15.3%, and 5+ bedroom homes increased by 79.6%.

Median Sold Price Compared To Nearby Counties

Shelby County
+5.2%
Decatur County
+3.3%
Hancock County
+2.2%
Rush County
+2.0%

Housing Supply in Rush County, IN

How many homes are available in Rush County, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5157+11.8%

Summary: The Rush County real estate market had 57 homes for sale in October 2024, a 11.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 1013
+30.0%
3 2524
-4.0%
4 1112
+9.1%
5+ 47
+75.0%

Summary: The Rush 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 30%, 3 bedroom homes decreased by 4%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 75%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1117+54.5%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rush County, you may be able to get a good deal. 58.8% of homes here sold below asking price last month.

Summary: A total of 17 homes were sold or pending in Rush County in October 2024, up by 54.5% month-over-month. Of the 17 sold homes, 59% were sold under asking, 24% were sold at asking, and 18% were sold over asking.

Days on Market for Rush County, IN

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

Average Sale Time

Oct 2023Oct 2024CHANGE
70 Days32 Days-53.8%

Summary: Homes in Rush County had an average of 32 days on market in Oct 2024, down by 53.8% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 17 homes were sold in Rush County; 65% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 6% 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 14 Days Ago

Newest Listings in Rush County, IN

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