$1,176 Closing Credit*
$99,000
1,467 SqFt
3 Beds
•2 Full Baths, 1 Partial
Michael Gnagey, Listing Office: Howard Hanna Kuzneski & Lockard R.E. - Indiana
Is Indiana, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Indiana was a Neutral 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
$195,000
$119/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$25,000(+14.7%)
Key Takeaway
Homes in Indiana have sold for 14.7% more than they did a year ago.
Summary: The median home sold price in Indiana was $195,000 in October 2024, up 14.7% from last year, and the median price per square foot was $119.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $125K | $120K | -4.0% |
| 3 Bedrooms | $164K | $194.4K | +18.6% |
| 4 Bedrooms | $248.2K | $282K | +13.6% |
| 5+ Bedrooms | $295K | $306K | +3.7% |
Summary: Indiana 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 4%, 3 bedroom homes increased by 18.6%, 4 bedroom homes increased by 13.6%, and 5+ bedroom homes increased by 3.7%.
Median Sold Price Compared To Nearby Cities
| Indiana | $170K | $195K | +14.7% |
| White Township | $223K | $250K | +12.1% |
Housing Supply in Indiana, PA
How many homes are available in Indiana, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 70 | 71 | +1.4% |
Summary: The Indiana real estate market had 71 homes for sale in October 2024, a 1.4% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 10 | 9 | -10.0% |
| 3 Bedrooms | 35 | 38 | +8.6% |
| 4 Bedrooms | 17 | 13 | -23.5% |
| 5+ Bedrooms | 8 | 10 | +25.0% |
Summary: The Indiana housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 10%, 3 bedroom homes increased by 8.6%, 4 bedroom homes decreased by 23.5%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 17 | 20 | +17.6% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
4 Homes Were 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. 55% of homes here sold below asking price last month.
Summary: A total of 20 homes were sold or pending in Indiana in October 2024, up by 17.6% month-over-month. Of the 20 sold homes, 55% were sold under asking, 20% were sold at asking, and 25% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 35 Days | 76 Days | +113.1% |
Summary: Homes in Indiana had an average of 76 days on market in Oct 2024, up by 113.1% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
6 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 October 2024, 20 homes were sold in Indiana; 55% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.
