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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Trafalgar is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Trafalgar was a Seller's Market.

Key Takeaway

Trafalgar is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Trafalgar, IN

How much do homes in Trafalgar, IN cost?

Median Sold Price

$317,000

$173/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$3,250(+1.0%)

Key Takeaway

Homes in Trafalgar have sold for 1% more than they did a year ago.

Summary: The median home sold price in Trafalgar was $317,000 in October 2024, up 1% from last year, and the median price per square foot was $173.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$157.5K
N/A
2 $155.5K$235K
+51.1%
3 $305.2K$325K
+6.5%
4 $367.4K$365K
-0.7%
5+ $610K$385.7K
-36.8%

Summary: Trafalgar housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 51.1%, 3 bedroom homes increased by 6.5%, 4 bedroom homes decreased by 0.7%, and 5+ bedroom homes decreased by 36.8%.

Median Sold Price Compared To Nearby Cities

Nineveh Township
+10.1%
Hensley Township
+2.0%
Trafalgar
+1.0%

Housing Supply in Trafalgar, IN

How many homes are available in Trafalgar, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2719-29.6%

Summary: The Trafalgar real estate market had 19 homes for sale in October 2024, a 29.6% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 10
-100.0%
2 11
0.0%
3 1510
-33.3%
4 65
-16.7%
5+ 43
-25.0%

Summary: The Trafalgar housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
102-80.0%

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 Trafalgar, 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 Trafalgar in October 2024, down by 80.0% month-over-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 Trafalgar, IN

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

Average Sale Time

Oct 2023Oct 2024CHANGE
68 Days109 Days+60.3%

Summary: Homes in Trafalgar had an average of 109 days on market in Oct 2024, up by 60.3% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Trafalgar has remained consistent over time.

Summary: During October 2024, 2 homes were sold in Trafalgar; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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 16 Days Ago

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