Is Warren Park, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Warren Park is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Warren Park has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Warren Park, IN

How much do homes in Warren Park, IN cost?

Median Sold Price

$220,500

$119/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$16,000(-6.8%)

Key Takeaway

Homes in Warren Park have sold for 6.8% less than they did a year ago.

Summary: The median home sold price in Warren Park was $220,500 in October 2024, down 6.8% from last year, and the median price per square foot was $119.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 -$175K
N/A
3 $230K$251K
+9.1%
4 $372K$285K
-23.4%
5+ --
N/A

Summary: Warren Park housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 9.1%, 4 bedroom homes decreased by 23.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Warren Township
+5.6%
Indianapolis
+4.4%
Warren Park
-6.8%

Housing Supply in Warren Park, IN

How many homes are available in Warren Park, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
440.0%

Summary: The Warren Park real estate market had 4 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 22
0.0%
4 22
0.0%
5+ 00
0.0%

Summary: The Warren Park 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
01+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Warren Park, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Warren Park in October 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Warren Park, IN

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

Average Sale Time

Oct 2023Oct 2024CHANGE
8 Days173 Days+2062.5%

Summary: Homes in Warren Park had an average of 173 days on market in Oct 2024, up by 2062.5% compared to last year.

Breakdown of Home Sale Times

0 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

Most homes in Warren Park are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 1 homes were sold in Warren Park; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 16 Days Ago

Newest Listings in Warren Park, IN

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