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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Veedersburg is a neutral's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

Veedersburg is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Veedersburg, IN

How much do homes in Veedersburg, IN cost?

Median Sold Price

$170,500

$103/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$30,500(+21.8%)

Key Takeaway

Homes in Veedersburg have sold for 21.8% more than they did a year ago.

Summary: The median home sold price in Veedersburg was $170,500 in November 2024, up 21.8% from last year, and the median price per square foot was $103.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$15K
N/A
2 $108K$129K
+19.4%
3 $140K$185K
+32.1%
4 $189.5K$179.5K
-5.3%
5+ -$225K
N/A

Summary: Veedersburg 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 increased by 19.4%, 3 bedroom homes increased by 32.1%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Veedersburg
+21.8%
Van Buren Township
+16.8%

Housing Supply in Veedersburg, IN

How many homes are available in Veedersburg, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2320-13.0%

Summary: The Veedersburg real estate market had 20 homes for sale in November 2024, a 13.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 65
-16.7%
3 139
-30.8%
4 46
+50.0%
5+ 00
0.0%

Summary: The Veedersburg 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 decreased by 16.7%, 3 bedroom homes decreased by 30.8%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
73-57.1%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Veedersburg, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Veedersburg in November 2024, down by 57.1% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Veedersburg, IN

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

Average Sale Time

Nov 2023Nov 2024CHANGE
13 Days11 Days-15.2%

Summary: Homes in Veedersburg had an average of 11 days on market in Nov 2024, down by 15.2% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 3 homes were sold in Veedersburg; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 21 Days Ago

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