North Central Indiana Housing Market Update: July 2024 Insights

🏠📊 Housing Market Update for July 2024 in Kosciusko County:

New property listings up 13.4%, with 467 homes sold so far this year.

Average home prices down 5.5% to $299,743.

Despite more homes on the market, sellers maintain a 98% sale price to list price ratio.

Stay informed about your local real estate trends!

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#KosciuskoCounty

[thejamesbauschteam]

00:14 🏡 New properties on the market increased by 13.4% compared to last year, totaling 667.
00:44 💰 Number of homes sold increased by 2.6%, reaching 467 in the first half of the year.
01:13 📉 Average selling price decreased by 5.12% year-over-year, now at $299, 743.
01:40 🏠 Median home value dropped to $240, 000 from $250, 000 last year, marking a decrease in both average and median prices.
02:21 ⏳ Average days on the market increased by 22.9%, now at 43 days.
02:35 💲 Sale price to list price ratio remained consistent at 98%, indicating sellers are still receiving similar percentages compared to last year despite market changes.