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 November 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

$640,000

$174/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$25,000(-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 $640,000 in November 2024, down 3.8% from last year, and the median price per square foot was $174.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $325K-
N/A
2 $308K$276K
-10.4%
3 $448K$454.5K
+1.5%
4 $669K$637.5K
-4.7%
5+ $852.4K$900K
+5.6%

Summary: Zionsville housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 10.4%, 3 bedroom homes increased by 1.5%, 4 bedroom homes decreased by 4.7%, and 5+ bedroom homes increased by 5.6%.

Median Sold Price Compared To Nearby Cities

Worth Township
+8.0%
Carmel
+6.7%
Pike Township
+2.0%
Eagle Township
-3.6%
Zionsville
-3.8%

Housing Supply in Zionsville, IN

How many homes are available in Zionsville, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
122106-13.1%

Summary: The Zionsville real estate market had 106 homes for sale in November 2024, a 13.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 01
+100.0%
2 52
-60.0%
3 3024
-20.0%
4 4542
-6.7%
5+ 4237
-11.9%

Summary: The Zionsville housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 60%, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 6.7%, and 5+ bedroom homes decreased by 11.9%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3424-29.4%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

5 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. 58.3% of homes here sold below asking price last month.

Summary: A total of 24 homes were sold or pending in Zionsville in November 2024, down by 29.4% month-over-month. Of the 24 sold homes, 58% were sold under asking, 21% were sold at asking, and 21% 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

Nov 2023Nov 2024CHANGE
30 Days22 Days-25.7%

Summary: Homes in Zionsville had an average of 22 days on market in Nov 2024, down by 25.7% compared to last year.

Breakdown of Home Sale Times

17 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

0 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 November 2024, 24 homes were sold in Zionsville; 71% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 0% 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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