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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Southeast is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, Southeast has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Southeast, IN

How much do homes in Southeast, IN cost?

Median Sold Price

$229,900

$129/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$26,900(+13.3%)

Key Takeaway

Homes in Southeast have sold for 13.3% more than they did a year ago.

Summary: The median home sold price in Southeast was $229,900 in December 2024, up 13.3% from last year, and the median price per square foot was $129.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $150K$156.5K
+4.3%
3 $217.5K$234.5K
+7.8%
4 $235K$249K
+6.0%
5+ --
N/A

Summary: Southeast housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.3%, 3 bedroom homes increased by 7.8%, 4 bedroom homes increased by 6%, and 5+ bedroom homes did not change.

Housing Supply in Southeast, IN

How many homes are available in Southeast, IN?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1918-5.3%

Summary: The Southeast real estate market had 18 homes for sale in December 2024, a 5.3% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 54
-20.0%
3 1311
-15.4%
4 13
+200.0%
5+ 00
0.0%

Summary: The Southeast housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 20%, 3 bedroom homes decreased by 15.4%, 4 bedroom homes increased by 200%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
46+50.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Southeast, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Southeast in December 2024, up by 50.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Southeast, IN

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

Average Sale Time

Dec 2023Dec 2024CHANGE
51 Days13 Days-73.2%

Summary: Homes in Southeast had an average of 13 days on market in Dec 2024, down by 73.2% compared to last year.

Breakdown of Home Sale Times

5 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 Southeast are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 6 homes were sold in Southeast; 83% of homes were sold within 30 days, 17% 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 6 Days Ago

Newest Listings in Southeast, IN

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