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 seller's market

Buyer's
Market

Difference Since Last Month

Last month, Scott County was a Neutral Market.

Key Takeaway

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

Housing Prices in Scott County, IN

How much do homes in Scott County, IN cost?

Median Sold Price

$291,000

$152/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$119,000(+69.2%)

Key Takeaway

Homes in Scott County have sold for 69.2% more than they did a month ago.

Summary: The median home sold price in Scott County was $291,000 in October 2024, up 69.2% from last month, and the median price per square foot was $152.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$421.5K
N/A
3 $117K$290K
+147.9%
4 $279.9K$238.5K
-14.8%
5+ --
N/A

Summary: Scott County housing prices by bedroom type for October 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 increased by 147.9%, 4 bedroom homes decreased by 14.8%, 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

Sep 2024Oct 2024CHANGE
2023+15.0%

Summary: The Scott County real estate market had 23 homes for sale in October 2024, a 15.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 79
+28.6%
3 68
+33.3%
4 76
-14.3%
5+ 00
0.0%

Summary: The Scott County 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 28.6%, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was 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. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Scott County in October 2024, up by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% 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

Sep 2024Oct 2024CHANGE
3 Days8 Days+166.7%

Summary: Homes in Scott County had an average of 8 days on market in Oct 2024, up by 166.7% compared to last month.

Breakdown of Home Sale Times

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

Summary: During October 2024, 4 homes were sold in Scott County; 50% 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 20 Days Ago

Newest Listings in Scott County, IN

Nearby Markets to Scott County, IN

What housing markets are near Scott County, IN?