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 December 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

$364,990

$176/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$25,004(-6.4%)

Key Takeaway

Homes in Saint John have sold for 6.4% less than they did a year ago.

Summary: The median home sold price in Saint John was $364,990 in December 2024, down 6.4% from last year, and the median price per square foot was $176.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $372.9K-
N/A
2 $354.4K$407.4K
+14.9%
3 $374.9K$310.9K
-17.1%
4 $409.6K$442.4K
+8.0%
5+ $697K-
N/A

Summary: Saint John housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 14.9%, 3 bedroom homes decreased by 17.1%, 4 bedroom homes increased by 8%, and 5+ bedroom homes did not change.

Housing Supply in Saint John, IN

How many homes are available in Saint John, IN?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
2524-4.0%

Summary: The Saint John real estate market had 24 homes for sale in December 2024, a 4.0% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 22
0.0%
3 1212
0.0%
4 1110
-9.1%
5+ 00
0.0%

Summary: The Saint John housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
85-37.5%

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 Saint John, 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 Saint John in December 2024, down by 37.5% 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 Saint John, IN

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

Average Sale Time

Dec 2023Dec 2024CHANGE
43 Days34 Days-20.5%

Summary: Homes in Saint John had an average of 34 days on market in Dec 2024, down by 20.5% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

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 December 2024, 5 homes were sold in Saint John; 60% of homes were sold within 30 days, 40% 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 4 Days Ago

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