Is West Central, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing West Central is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, West Central was a Buyer's Market.

Key Takeaway

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

Housing Prices in West Central, IN

How much do homes in West Central, IN cost?

Median Sold Price

$182,000

$121/sqft

Based on all homes sold in September 2024.

Difference Since Last Month

+$33,287(+22.4%)

Key Takeaway

Homes in West Central have sold for 22.4% more than they did a month ago.

Summary: The median home sold price in West Central was $182,000 in September 2024, up 22.4% from last month, and the median price per square foot was $121.

Median Sold Price By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 $142.5K$585K
+310.5%
2 $148.7K$165K
+11.0%
3 -$178.7K
N/A
4 $215K-
N/A
5+ --
N/A

Summary: West Central housing prices by bedroom type for September 2024 compared to the previous month: The home price of 1 bedroom homes increased by 310.5%, 2 bedroom homes increased by 11%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Nebraska
+64.6%
West Central
+22.4%
Hoagland Masterson
-15.8%
Hamilton
-44.4%

Housing Supply in West Central, IN

How many homes are available in West Central, IN?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
2531+24.0%

Summary: The West Central real estate market had 31 homes for sale in September 2024, a 24.0% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 32
-33.3%
2 77
0.0%
3 711
+57.1%
4 46
+50.0%
5+ 45
+25.0%

Summary: The West Central housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes remained the same, 3 bedroom homes increased by 57.1%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
37+133.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in West Central, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in West Central in September 2024, up by 133.3% month-over-month. Of the 7 sold homes, 57% were sold under asking, 43% were sold at asking, and 0% were sold over asking.

Days on Market for West Central, 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 West Central, IN

Nearby Markets to West Central, IN