Is Nineveh, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Nineveh has remained a Seller's Market.
Housing Prices in Nineveh, IN
How much do homes in Nineveh, IN cost?
Median Sold Price
$318,500
$196/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Nineveh was $318,500 in May 2024, down 10.3% from last year, and the median price per square foot was $196.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $470K | $250K | -46.8% |
2 Bedrooms | $340K | $347.2K | +2.1% |
3 Bedrooms | $295K | $290K | -1.7% |
4 Bedrooms | $389.9K | $1.0M | +175.7% |
5+ Bedrooms | $380K | - | N/A |
Summary: Nineveh housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 46.8%, 2 bedroom homes increased by 2.1%, 3 bedroom homes decreased by 1.7%, 4 bedroom homes increased by 175.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Princes Lakes | $235K | $275K | +17.0% |
Nineveh Township | $280K | $327.2K | +16.9% |
Hamblen Township | $435K | $400K | -8.0% |
Nineveh | $355K | $318.5K | -10.3% |
Housing Supply in Nineveh, IN
How many homes are available in Nineveh, IN?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
52 | 51 | -1.9% |
Summary: The Nineveh real estate market had 51 homes for sale in May 2024, a 1.9% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 28 | 23 | -17.9% |
3 Bedrooms | 20 | 23 | +15.0% |
4 Bedrooms | 4 | 4 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Nineveh housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 17.9%, 3 bedroom homes increased by 15%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
10 | 11 | +10.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Nineveh in May 2024, up by 10.0% month-over-month. Of the 11 sold homes, 64% were sold under asking, 18% were sold at asking, and 18% were sold over asking.
Days on Market for Nineveh, IN
How long does it take to sell a home in Nineveh, IN?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
15 Days | 47 Days | +201.7% |
Summary: Homes in Nineveh had an average of 47 days on market in May 2024, up by 201.7% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 11 homes were sold in Nineveh; 64% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.