$4,274 Closing Credit*
$359,900
3 Beds
•2 Full Baths
Mike Reeder, Listing Office: ERA FIRST ADVANTAGE REALTY, INC
Is Vanderburgh County, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
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
$184,500
$136/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$2,500(-1.3%)
Key Takeaway
Homes in Vanderburgh County have sold for 1.3% less than they did a month ago.
Summary: The median home sold price in Vanderburgh County was $184,500 in October 2024, down 1.3% from last month, and the median price per square foot was $136.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $128.4K | $58K | -54.8% |
| 2 Bedrooms | $132K | $138.9K | +5.2% |
| 3 Bedrooms | $233.2K | $199.7K | -14.4% |
| 4 Bedrooms | $225K | $288.2K | +28.1% |
| 5+ Bedrooms | $385K | $492.5K | +27.9% |
Summary: Vanderburgh County housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 54.8%, 2 bedroom homes increased by 5.2%, 3 bedroom homes decreased by 14.4%, 4 bedroom homes increased by 28.1%, and 5+ bedroom homes increased by 27.9%.
Median Sold Price Compared To Nearby Counties
| Gibson County | $162.4K | $210.9K | +29.9% |
| Posey County | $159.5K | $190K | +19.1% |
| Warrick County | $276K | $280K | +1.4% |
| Vanderburgh County | $187K | $184.5K | -1.3% |
Housing Supply in Vanderburgh County, IN
How many homes are available in Vanderburgh County, IN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 783 | 865 | +10.5% |
Summary: The Vanderburgh County real estate market had 865 homes for sale in October 2024, a 10.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 16 | 16 | 0.0% |
| 2 Bedrooms | 199 | 204 | +2.5% |
| 3 Bedrooms | 382 | 426 | +11.5% |
| 4 Bedrooms | 144 | 177 | +22.9% |
| 5+ Bedrooms | 42 | 42 | 0.0% |
Summary: The Vanderburgh County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 2.5%, 3 bedroom homes increased by 11.5%, 4 bedroom homes increased by 22.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 181 | 220 | +21.5% |
Asking Price vs. Sold Price
98 Homes Were Sold
Under Asking
42 Homes Were Sold
At Asking
55 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Vanderburgh County, you may be able to get a good deal. 50.3% of homes here sold below asking price last month.
Summary: A total of 220 homes were sold or pending in Vanderburgh County in October 2024, up by 21.5% month-over-month. Of the 195 sold homes, 50% were sold under asking, 22% were sold at asking, and 28% 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
The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2011-2024 Indiana Regional MLS. All rights reserved.