$830 Closing Credit*
$69,900
2 Beds
•2 Full Baths
Tyler Simmons, Listing Office: KLEIN RLTY&AUCTION, INC.
Is Vincennes, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Vincennes was a Seller's Market.
Key Takeaway
Vincennes 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 Vincennes, IN
How much do homes in Vincennes, IN cost?
Median Sold Price
$185,200
$114/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$24,000(+14.9%)
Key Takeaway
Homes in Vincennes have sold for 14.9% more than they did a month ago.
Summary: The median home sold price in Vincennes was $185,200 in November 2024, up 14.9% from last month, and the median price per square foot was $114.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $13K | N/A |
| 2 Bedrooms | $56K | $72K | +28.6% |
| 3 Bedrooms | $154.9K | $228.5K | +47.5% |
| 4 Bedrooms | $216.2K | $226.5K | +4.7% |
| 5+ Bedrooms | $455K | - | N/A |
Summary: Vincennes 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 increased by 28.6%, 3 bedroom homes increased by 47.5%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Vincennes | $161.2K | $185.2K | +14.9% |
| Vincennes Township | $161.2K | $185.2K | +14.9% |
Housing Supply in Vincennes, IN
How many homes are available in Vincennes, IN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 99 | 101 | +2.0% |
Summary: The Vincennes real estate market had 101 homes for sale in November 2024, a 2.0% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 24 | 27 | +12.5% |
| 3 Bedrooms | 55 | 53 | -3.6% |
| 4 Bedrooms | 13 | 15 | +15.4% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Vincennes 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 increased by 12.5%, 3 bedroom homes decreased by 3.6%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 18 | 17 | -5.6% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Vincennes, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in Vincennes in November 2024, down by 5.6% month-over-month. Of the 14 sold homes, 50% were sold under asking, 36% were sold at asking, and 14% were sold over asking.
Days on Market for Vincennes, 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.