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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Shadeland is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Shadeland has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Shadeland, IN

How much do homes in Shadeland, IN cost?

Median Sold Price

$495,000

$169/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$17,500(-3.4%)

Key Takeaway

Homes in Shadeland have sold for 3.4% less than they did a month ago.

Summary: The median home sold price in Shadeland was $495,000 in October 2024, down 3.4% from last month, and the median price per square foot was $169.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$240K
N/A
3 $355K-
N/A
4 -$497.5K
N/A
5+ $670K-
N/A

Summary: Shadeland 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Shadeland
-3.4%
Union Township
-3.4%
Lafayette
-4.0%
Wea Township
-6.1%

Housing Supply in Shadeland, IN

How many homes are available in Shadeland, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
86-25.0%

Summary: The Shadeland real estate market had 6 homes for sale in October 2024, a 25.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 10
-100.0%
4 55
0.0%
5+ 10
-100.0%

Summary: The Shadeland 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 remained the same, 3 bedroom homes decreased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
25+150.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Shadeland, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Shadeland in October 2024, up by 150.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.

Days on Market for Shadeland, IN

We’re sorry, we don't have information for this market at the moment

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 Shadeland, IN

Nearby Markets to Shadeland, IN

What housing markets are near Shadeland, IN?