$2,494 Closing Credit*
$210,000
2 Beds
•1 Full Bath, 1 Partial
Gregory Hire, Listing Office: Hallmark Excellence Realty
Is Shipshewana, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Shipshewana was a Neutral Market.
Key Takeaway
Shipshewana is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Shipshewana, IN
How much do homes in Shipshewana, IN cost?
Median Sold Price
$316,000
$138/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$41,000(+14.9%)
Key Takeaway
Homes in Shipshewana have sold for 14.9% more than they did a month ago.
Summary: The median home sold price in Shipshewana was $316,000 in October 2024, up 14.9% from last month, and the median price per square foot was $138.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $265K | N/A |
| 3 Bedrooms | - | $316K | N/A |
| 4 Bedrooms | $275K | $355K | +29.1% |
| 5+ Bedrooms | - | - | N/A |
Summary: Shipshewana 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 increased by 29.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Shipshewana | $275K | $316K | +14.9% |
| Newbury Township | $275K | $316K | +14.9% |
Housing Supply in Shipshewana, IN
How many homes are available in Shipshewana, IN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 7 | 0.0% |
Summary: The Shipshewana real estate market had 7 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 4 | 4 | 0.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Shipshewana 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 3 | +200.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Shipshewana, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in Shipshewana in October 2024, up by 200.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 67% were sold at asking, and 33% were sold over asking.
Days on Market for Shipshewana, IN
We’re sorry, we don't have information for this market at the moment
The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2011-2024 Indiana Regional MLS. All rights reserved.