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 neutral's market

Buyer's
Market

Difference Since November 2023

Since last year, Rush County has remained a Neutral Market.

Key Takeaway

Rush County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Rush County, IN

How much do homes in Rush County, IN cost?

Median Sold Price

$176,950

$102/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$26,950(+18.0%)

Key Takeaway

Homes in Rush County have sold for 18% more than they did a year ago.

Summary: The median home sold price in Rush County was $176,950 in November 2024, up 18% from last year, and the median price per square foot was $102.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$128.5K
N/A
2 $104.9K$117K
+11.5%
3 $167.5K$199.7K
+19.2%
4 $190K$260K
+36.8%
5+ $260K$440K
+69.2%

Summary: Rush County housing prices by bedroom type for November 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 19.2%, 4 bedroom homes increased by 36.8%, and 5+ bedroom homes increased by 69.2%.

Median Sold Price Compared To Nearby Counties

Rush County
+18.0%
Shelby County
+5.4%
Decatur County
+1.3%
Hancock County
+1.3%

Housing Supply in Rush County, IN

How many homes are available in Rush County, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5849-15.5%

Summary: The Rush County real estate market had 49 homes for sale in November 2024, a 15.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 1513
-13.3%
3 2321
-8.7%
4 1211
-8.3%
5+ 74
-42.9%

Summary: The Rush County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 13.3%, 3 bedroom homes decreased by 8.7%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes decreased by 42.9%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
177-58.8%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was 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. 57.1% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Rush County in November 2024, down by 58.8% month-over-month. Of the 7 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% 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

Nov 2023Nov 2024CHANGE
44 Days48 Days+9.6%

Summary: Homes in Rush County had an average of 48 days on market in Nov 2024, up by 9.6% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Rush County has remained consistent over time.

Summary: During November 2024, 7 homes were sold in Rush County; 29% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 14% 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 17 Days Ago

Newest Listings in Rush County, IN

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