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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Vanderburgh County is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Vanderburgh County, IN

How much do homes in Vanderburgh County, IN cost?

Median Sold Price

$200,000

$134/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$12,250(+6.5%)

Key Takeaway

Homes in Vanderburgh County have sold for 6.5% more than they did a month ago.

Summary: The median home sold price in Vanderburgh County was $200,000 in November 2024, up 6.5% from last month, and the median price per square foot was $134.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $58K$166K
+186.2%
2 $138.9K$129K
-7.1%
3 $202K$207.7K
+2.8%
4 $288.2K$310.9K
+7.9%
5+ $492.5K$536K
+8.8%

Summary: Vanderburgh County housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes increased by 186.2%, 2 bedroom homes decreased by 7.1%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 7.9%, and 5+ bedroom homes increased by 8.8%.

Median Sold Price Compared To Nearby Counties

Vanderburgh County
+6.5%
Warrick County
+4.5%
Posey County
-5.3%
Gibson County
-7.6%

Housing Supply in Vanderburgh County, IN

How many homes are available in Vanderburgh County, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
826842+1.9%

Summary: The Vanderburgh County real estate market had 842 homes for sale in November 2024, a 1.9% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 1513
-13.3%
2 191214
+12.0%
3 406400
-1.5%
4 175180
+2.9%
5+ 3935
-10.3%

Summary: The Vanderburgh County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 13.3%, 2 bedroom homes increased by 12%, 3 bedroom homes decreased by 1.5%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes decreased by 10.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
201209+4.0%

Asking Price vs. Sold Price

106 Homes Were Sold
Under Asking

38 Homes Were Sold
At Asking

39 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Vanderburgh County, you may be able to get a good deal. 57.9% of homes here sold below asking price last month.

Summary: A total of 209 homes were sold or pending in Vanderburgh County in November 2024, up by 4.0% month-over-month. Of the 183 sold homes, 58% were sold under asking, 21% were sold at asking, and 21% were sold over asking.

Days on Market for Vanderburgh 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 17 Days Ago

Newest Listings in Vanderburgh County, IN

Nearby Markets to Vanderburgh County, IN

What housing markets are near Vanderburgh County, IN?