$8,905 Closing Credit*
$749,900
4,049 SqFt
4 Beds
•4 Full Baths, 1 Partial
Kyle Williams, Listing Office: Compass Indiana, LLC
Is Traders Point, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Traders Point has remained a Seller's Market.
Key Takeaway
Traders Point is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Traders Point, IN
How much do homes in Traders Point, IN cost?
Median Sold Price
$388,000
$142/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$29,000(+8.1%)
Key Takeaway
Homes in Traders Point have sold for 8.1% more than they did a year ago.
Summary: The median home sold price in Traders Point was $388,000 in November 2024, up 8.1% from last year, and the median price per square foot was $142.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $203.7K | $182K | -10.7% |
| 3 Bedrooms | $267.5K | $305K | +14.0% |
| 4 Bedrooms | $442.4K | $437.2K | -1.2% |
| 5+ Bedrooms | $479.9K | $605K | +26.1% |
Summary: Traders Point housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 10.7%, 3 bedroom homes increased by 14%, 4 bedroom homes decreased by 1.2%, and 5+ bedroom homes increased by 26.1%.
Housing Supply in Traders Point, IN
How many homes are available in Traders Point, IN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 36 | 39 | +8.3% |
Summary: The Traders Point real estate market had 39 homes for sale in November 2024, a 8.3% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 7 | 6 | -14.3% |
| 4 Bedrooms | 17 | 20 | +17.6% |
| 5+ Bedrooms | 9 | 10 | +11.1% |
Summary: The Traders Point 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 remained the same, 3 bedroom homes decreased by 14.3%, 4 bedroom homes increased by 17.6%, and 5+ bedroom homes increased by 11.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 11 | +57.1% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Traders Point, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Traders Point in November 2024, up by 57.1% month-over-month. Of the 11 sold homes, 55% were sold under asking, 27% were sold at asking, and 18% were sold over asking.
Days on Market for Traders Point, IN
How long does it take to sell a home in Traders Point, IN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 38 Days | 34 Days | -11.6% |
Summary: Homes in Traders Point had an average of 34 days on market in Nov 2024, down by 11.6% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Traders Point are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 11 homes were sold in Traders Point; 64% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by MLS GRID.