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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rushville is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Rushville was a Seller's Market.

Key Takeaway

Rushville 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 Rushville, IN

How much do homes in Rushville, IN cost?

Median Sold Price

$160,000

$98/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$25,000(+18.5%)

Key Takeaway

Homes in Rushville have sold for 18.5% more than they did a year ago.

Summary: The median home sold price in Rushville was $160,000 in November 2024, up 18.5% from last year, and the median price per square foot was $98.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$128.5K
N/A
2 $104.9K$90.9K
-13.3%
3 $156K$199.5K
+27.9%
4 $194.4K$261.5K
+34.5%
5+ $415K-
N/A

Summary: Rushville 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 decreased by 13.3%, 3 bedroom homes increased by 27.9%, 4 bedroom homes increased by 34.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Rushville
+18.5%
Rushville Township
+18.5%

Housing Supply in Rushville, IN

How many homes are available in Rushville, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
33330.0%

Summary: The Rushville real estate market had 33 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 810
+25.0%
3 1312
-7.7%
4 89
+12.5%
5+ 32
-33.3%

Summary: The Rushville 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 increased by 25%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
65-16.7%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rushville, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Rushville in November 2024, down by 16.7% month-over-month. Of the 5 sold homes, 60% were sold under asking, 40% were sold at asking, and 0% were sold over asking.

Days on Market for Rushville, IN

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

Average Sale Time

Nov 2023Nov 2024CHANGE
50 Days64 Days+27.0%

Summary: Homes in Rushville had an average of 64 days on market in Nov 2024, up by 27% compared to last year.

Breakdown of Home Sale Times

0 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 Rushville has remained consistent over time.

Summary: During November 2024, 5 homes were sold in Rushville; 0% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 20% 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 Rushville, IN

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