Is Steuben County, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Steuben County is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Steuben County, IN

How much do homes in Steuben County, IN cost?

Median Sold Price

$320,000

$185/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$72,500(+29.3%)

Key Takeaway

Homes in Steuben County have sold for 29.3% more than they did a month ago.

Summary: The median home sold price in Steuben County was $320,000 in November 2024, up 29.3% from last month, and the median price per square foot was $185.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $98K$74.9K
-23.6%
2 $299.9K$288K
-4.0%
3 $205K$275K
+34.1%
4 $380K$390.4K
+2.8%
5+ $1.0M$1.9M
+84.7%

Summary: Steuben County housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 23.6%, 2 bedroom homes decreased by 4%, 3 bedroom homes increased by 34.1%, 4 bedroom homes increased by 2.8%, and 5+ bedroom homes increased by 84.7%.

Median Sold Price Compared To Nearby Counties

Steuben County
+29.3%
DeKalb County
-2.2%
LaGrange County
-5.7%

Housing Supply in Steuben County, IN

How many homes are available in Steuben County, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
153147-3.9%

Summary: The Steuben County real estate market had 147 homes for sale in November 2024, a 3.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 2119
-9.5%
3 8172
-11.1%
4 4347
+9.3%
5+ 78
+14.3%

Summary: The Steuben County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 9.5%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes increased by 9.3%, and 5+ bedroom homes increased by 14.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3035+16.7%

Asking Price vs. Sold Price

26 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Steuben County, you may be able to get a good deal. 74.3% of homes here sold below asking price last month.

Summary: A total of 35 homes were sold or pending in Steuben County in November 2024, up by 16.7% month-over-month. Of the 35 sold homes, 74% were sold under asking, 20% were sold at asking, and 6% were sold over asking.

Days on Market for Steuben County, 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 20 Days Ago

Newest Listings in Steuben County, IN

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