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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Shipshewana is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Shipshewana has remained a Seller's 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

$690,000

$243/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

+$294,500(+74.5%)

Key Takeaway

Homes in Shipshewana have sold for 74.5% more than they did a month ago.

Summary: The median home sold price in Shipshewana was $690,000 in December 2024, up 74.5% from last month, and the median price per square foot was $243.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 --
N/A
3 $450K$330K
-26.7%
4 $341K-
N/A
5+ -$1.0M
N/A

Summary: Shipshewana housing prices by bedroom type for December 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 decreased by 26.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Shipshewana
+74.5%
Newbury Township
-16.6%

Housing Supply in Shipshewana, IN

How many homes are available in Shipshewana, IN?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
880.0%

Summary: The Shipshewana real estate market had 8 homes for sale in December 2024, the same as November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 01
+100.0%
2 22
0.0%
3 32
-33.3%
4 11
0.0%
5+ 22
0.0%

Summary: The Shipshewana housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
220.0%

Asking Price vs. Sold Price

2 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 Shipshewana, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Shipshewana in December 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Shipshewana, 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 2 Days Ago

Newest Listings in Shipshewana, IN

Nearby Markets to Shipshewana, IN