$2,078 Closing Credit*
$175,000
1,663 SqFt
3 Beds
•2 Full Baths
Jeffrey Boden, Listing Office: Berkshire Hathaway The Preferred Realty
Is Indiana, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Indiana has remained a Seller's Market.
Key Takeaway
Indiana is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Indiana, PA
How much do homes in Indiana, PA cost?
Median Sold Price
$206,000
$121/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$36,000(+21.2%)
Key Takeaway
Homes in Indiana have sold for 21.2% more than they did a year ago.
Summary: The median home sold price in Indiana was $206,000 in November 2024, up 21.2% from last year, and the median price per square foot was $121.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $118K | $122.5K | +3.8% |
| 3 Bedrooms | $159K | $199K | +25.2% |
| 4 Bedrooms | $231K | $280K | +21.2% |
| 5+ Bedrooms | $295K | $335K | +13.6% |
Summary: Indiana 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 increased by 3.8%, 3 bedroom homes increased by 25.2%, 4 bedroom homes increased by 21.2%, and 5+ bedroom homes increased by 13.6%.
Median Sold Price Compared To Nearby Cities
| Indiana | $170K | $206K | +21.2% |
| White Township | $213.7K | $256.5K | +20.0% |
Housing Supply in Indiana, PA
How many homes are available in Indiana, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 71 | 58 | -18.3% |
Summary: The Indiana real estate market had 58 homes for sale in November 2024, a 18.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 9 | 7 | -22.2% |
| 3 Bedrooms | 38 | 34 | -10.5% |
| 4 Bedrooms | 14 | 9 | -35.7% |
| 5+ Bedrooms | 9 | 7 | -22.2% |
Summary: The Indiana housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 22.2%, 3 bedroom homes decreased by 10.5%, 4 bedroom homes decreased by 35.7%, and 5+ bedroom homes decreased by 22.2%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 20 | 12 | -40.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Indiana, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Indiana in November 2024, down by 40.0% month-over-month. Of the 12 sold homes, 50% were sold under asking, 8% were sold at asking, and 42% were sold over asking.
Days on Market for Indiana, PA
How long does it take to sell a home in Indiana, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 22 Days | 50 Days | +127.5% |
Summary: Homes in Indiana had an average of 50 days on market in Nov 2024, up by 127.5% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Indiana are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 12 homes were sold in Indiana; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
