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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Trafalgar is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Trafalgar was a Buyer's Market.

Key Takeaway

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

Housing Prices in Trafalgar, IN

How much do homes in Trafalgar, IN cost?

Median Sold Price

$540,000

$184/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$70,000(-11.5%)

Key Takeaway

Homes in Trafalgar have sold for 11.5% less than they did a month ago.

Summary: The median home sold price in Trafalgar was $540,000 in November 2024, down 11.5% from last month, and the median price per square foot was $184.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $610K$526.5K
-13.7%
4 -$540K
N/A
5+ -$715K
N/A

Summary: Trafalgar housing prices by bedroom type for November 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 13.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Hensley Township
+40.9%
Trafalgar
-11.5%

Housing Supply in Trafalgar, IN

How many homes are available in Trafalgar, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1918-5.3%

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

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 98
-11.1%
4 66
0.0%
5+ 33
0.0%

Summary: The Trafalgar 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 11.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
25+150.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was 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. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Trafalgar in November 2024, up by 150.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% 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 2024Nov 2024CHANGE
109 Days79 Days-26.8%

Summary: Homes in Trafalgar had an average of 79 days on market in Nov 2024, down by 26.8% compared to last month.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Trafalgar are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 5 homes were sold in Trafalgar; 80% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 20% 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 17 Days Ago

Newest Listings in Trafalgar, IN

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