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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rushville is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Rushville, IN

How much do homes in Rushville, IN cost?

Median Sold Price

$157,500

$98/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$11,000(+7.5%)

Key Takeaway

Homes in Rushville have sold for 7.5% more than they did a year ago.

Summary: The median home sold price in Rushville was $157,500 in October 2024, up 7.5% from last year, and the median price per square foot was $98.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$128.5K
N/A
2 $102.4K$105.7K
+3.2%
3 $156K$199.5K
+27.9%
4 $194.4K$219K
+12.6%
5+ $415K-
N/A

Summary: Rushville 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 3.2%, 3 bedroom homes increased by 27.9%, 4 bedroom homes increased by 12.6%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Rushville
+7.5%
Rushville Township
+7.1%

Housing Supply in Rushville, IN

How many homes are available in Rushville, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3034+13.3%

Summary: The Rushville real estate market had 34 homes for sale in October 2024, a 13.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 68
+33.3%
3 1414
0.0%
4 68
+33.3%
5+ 33
0.0%

Summary: The Rushville 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 33.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
56+20.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 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. 50% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Rushville in October 2024, up by 20.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% 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

Oct 2023Oct 2024CHANGE
74 Days54 Days-27.5%

Summary: Homes in Rushville had an average of 54 days on market in Oct 2024, down by 27.5% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 6 homes were sold in Rushville; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% 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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