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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Russiaville is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Russiaville was a Buyer's Market.

Key Takeaway

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

Housing Prices in Russiaville, IN

How much do homes in Russiaville, IN cost?

Median Sold Price

$273,500

$146/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$16,950(-5.8%)

Key Takeaway

Homes in Russiaville have sold for 5.8% less than they did a month ago.

Summary: The median home sold price in Russiaville was $273,500 in November 2024, down 5.8% from last month, and the median price per square foot was $146.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $259.9K$210.7K
-18.9%
4 $321K$279K
-13.1%
5+ --
N/A

Summary: Russiaville housing prices by bedroom type for November 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 decreased by 18.9%, 4 bedroom homes decreased by 13.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Russiaville
-5.8%
Honey Creek Township
-43.1%

Housing Supply in Russiaville, IN

How many homes are available in Russiaville, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1619+18.8%

Summary: The Russiaville real estate market had 19 homes for sale in November 2024, a 18.8% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 22
0.0%
3 710
+42.9%
4 77
0.0%
5+ 00
0.0%

Summary: The Russiaville housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 42.9%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
25+150.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Russiaville, 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 Russiaville in November 2024, up by 150.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.

Days on Market for Russiaville, IN

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

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

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

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