Is Saint John, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Saint John is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Saint John, IN

How much do homes in Saint John, IN cost?

Median Sold Price

$369,990

$175/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$20,010(-5.1%)

Key Takeaway

Homes in Saint John have sold for 5.1% less than they did a year ago.

Summary: The median home sold price in Saint John was $369,990 in November 2024, down 5.1% from last year, and the median price per square foot was $175.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $372.9K-
N/A
2 $354.9K$399.9K
+12.7%
3 $381.9K$312.9K
-18.1%
4 $409.2K$443.7K
+8.4%
5+ $570K-
N/A

Summary: Saint John 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 12.7%, 3 bedroom homes decreased by 18.1%, 4 bedroom homes increased by 8.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Hanover Township
+1.4%
Saint John
-5.1%

Housing Supply in Saint John, IN

How many homes are available in Saint John, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3027-10.0%

Summary: The Saint John real estate market had 27 homes for sale in November 2024, a 10.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 22
0.0%
3 1814
-22.2%
4 1011
+10.0%
5+ 00
0.0%

Summary: The Saint John 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 decreased by 22.2%, 4 bedroom homes increased by 10%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
69+50.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Saint John, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 9 homes were sold or pending in Saint John in November 2024, up by 50.0% month-over-month. Of the 9 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.

Days on Market for Saint John, IN

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

Average Sale Time

Nov 2023Nov 2024CHANGE
71 Days13 Days-81.6%

Summary: Homes in Saint John had an average of 13 days on market in Nov 2024, down by 81.6% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 9 homes were sold in Saint John; 89% of homes were sold within 30 days, 11% 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 2 Days Ago

Newest Listings in Saint John, IN

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