Is Scott County, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Scott County is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Scott County was a Seller's Market.

Key Takeaway

Scott County 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 Scott County, IN

How much do homes in Scott County, IN cost?

Median Sold Price

$285,000

$169/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$6,000(-2.1%)

Key Takeaway

Homes in Scott County have sold for 2.1% less than they did a month ago.

Summary: The median home sold price in Scott County was $285,000 in November 2024, down 2.1% from last month, and the median price per square foot was $169.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $421.5K$253.9K
-39.8%
3 $290K$220K
-24.1%
4 $238.5K$485K
+103.4%
5+ --
N/A

Summary: Scott County 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 decreased by 39.8%, 3 bedroom homes decreased by 24.1%, 4 bedroom homes increased by 103.4%, and 5+ bedroom homes did not change.

Housing Supply in Scott County, IN

How many homes are available in Scott County, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1925+31.6%

Summary: The Scott County real estate market had 25 homes for sale in November 2024, a 31.6% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 79
+28.6%
3 610
+66.7%
4 65
-16.7%
5+ 01
+100.0%

Summary: The Scott County 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 increased by 28.6%, 3 bedroom homes increased by 66.7%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
440.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Scott County, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Scott County in November 2024, the same as the previous month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Scott County, IN

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

Average Sale Time

Oct 2024Nov 2024CHANGE
8 Days30 Days+275.0%

Summary: Homes in Scott County had an average of 30 days on market in Nov 2024, up by 275% compared to last month.

Breakdown of Home Sale Times

2 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 Scott County are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 4 homes were sold in Scott County; 50% of homes were sold within 30 days, 25% 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 20 Days Ago

Newest Listings in Scott County, IN

Nearby Markets to Scott County, IN

What housing markets are near Scott County, IN?