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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Zionsville is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Zionsville, IN

How much do homes in Zionsville, IN cost?

Median Sold Price

$641,660

$173/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$25,340(-3.8%)

Key Takeaway

Homes in Zionsville have sold for 3.8% less than they did a year ago.

Summary: The median home sold price in Zionsville was $641,660 in October 2024, down 3.8% from last year, and the median price per square foot was $173.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $325K-
N/A
2 $316.5K$279.2K
-11.8%
3 $448.5K$459K
+2.3%
4 $669K$649.9K
-2.8%
5+ $850K$900K
+5.9%

Summary: Zionsville 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 decreased by 11.8%, 3 bedroom homes increased by 2.3%, 4 bedroom homes decreased by 2.8%, and 5+ bedroom homes increased by 5.9%.

Median Sold Price Compared To Nearby Cities

Carmel
+7.5%
Worth Township
+4.8%
Pike Township
+4.0%
Zionsville
-3.8%
Eagle Township
-3.9%

Housing Supply in Zionsville, IN

How many homes are available in Zionsville, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
139128-7.9%

Summary: The Zionsville real estate market had 128 homes for sale in October 2024, a 7.9% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 87
-12.5%
3 3529
-17.1%
4 4946
-6.1%
5+ 4746
-2.1%

Summary: The Zionsville 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 decreased by 12.5%, 3 bedroom homes decreased by 17.1%, 4 bedroom homes decreased by 6.1%, and 5+ bedroom homes decreased by 2.1%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3833-13.2%

Asking Price vs. Sold Price

23 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Zionsville, you may be able to get a good deal. 69.7% of homes here sold below asking price last month.

Summary: A total of 33 homes were sold or pending in Zionsville in October 2024, down by 13.2% month-over-month. Of the 33 sold homes, 70% were sold under asking, 12% were sold at asking, and 18% were sold over asking.

Days on Market for Zionsville, IN

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

Average Sale Time

Oct 2023Oct 2024CHANGE
34 Days27 Days-18.8%

Summary: Homes in Zionsville had an average of 27 days on market in Oct 2024, down by 18.8% compared to last year.

Breakdown of Home Sale Times

20 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 33 homes were sold in Zionsville; 61% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 6% 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 20 Days Ago

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