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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Winchester is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Winchester has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Winchester, IN

How much do homes in Winchester, IN cost?

Median Sold Price

$134,400

$80/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$16,850(-11.1%)

Key Takeaway

Homes in Winchester have sold for 11.1% less than they did a month ago.

Summary: The median home sold price in Winchester was $134,400 in October 2024, down 11.1% from last month, and the median price per square foot was $80.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $206K$134.4K
-34.8%
3 $138.5K-
N/A
4 -$124.5K
N/A
5+ -$139.9K
N/A

Summary: Winchester housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 34.8%, 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 Cities

Winchester
-11.1%
White River Township
-18.0%

Housing Supply in Winchester, IN

How many homes are available in Winchester, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1926+36.8%

Summary: The Winchester real estate market had 26 homes for sale in October 2024, a 36.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 89
+12.5%
3 810
+25.0%
4 15
+400.0%
5+ 22
0.0%

Summary: The Winchester 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 12.5%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 400%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
660.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Winchester, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Winchester in October 2024, the same as the previous month. Of the 6 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% were sold over asking.

Days on Market for Winchester, 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 20 Days Ago

Newest Listings in Winchester, IN

Nearby Markets to Winchester, IN