Newly released data from Realtor.com for August shows that potential buyers and sellers in Vanderburgh County saw higher home sale prices than the previous month's median of $195,937.
The median home sold for $200,000, an analysis of data from Realtor.com shows. That means August, the most recent month for which figures are available, was up 2.1% from July.
Compared to August 2023, the median home sales price was up 4.4% compared to $191,609.
Realtor.com sources sales data from real estate deeds, resulting in a few months' delay in the data. The statistics don't include homes currently listed for sale and aren't directly comparable to listings data.
Information on your local housing market, along with other useful community data, is available at data.courierpress.com.
Here is a breakdown on median sale prices:
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Looking only at single-family homes, the $207,525 median selling price in Vanderburgh County was up 3.8% in August from $199,936 the month prior. Since August 2023, the sales price of single-family homes was up 8.3% from a median of $191,609.No single-family homes sold for $1 million or more during the month.
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Condominiums and townhomes decreased by 2.8% in sales price during August to a median of $187,500 from $192,924 in July. Compared to August 2023, the sales price of condominiums and townhomes was down 3.3% from $193,875. No condominiums or townhomes sold for $1 million or more during August.
About recorded home sales in Vanderburgh County in Indiana
In August, the number of recorded sales in Vanderburgh County dropped by 12.9% since August 2023 — from 419 to 365. All residential home sales totaled $47.9 million.
Across Indiana, homes sold at a median of $253,791 during August, down 0.5% from $255,188 in July. There were 10,011 recorded sales across the state during August, down 15.7% from 11,880 recorded sales in August 2023.
Here's a breakdown for the full state:
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The total value of recorded residential home sales in Indiana decreased by 20.6% from $2.4 billion in July to $1.9 billion this August.
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Out of all residential home sales in Indiana, 1.25% of homes sold for at least $1 million in August, up from 1.19% in August 2023.
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Sales prices of single-family homes across Indiana slightly increased from a median of $255,210 in July to $255,226 in August. Since August 2023, the sales price of single-family homes across the state was up 5.3% from $242,320.
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Across the state, the sales price of condominiums and townhomes dropped 5.9% from a median of $255,000 in July to $240,000 during August. The median sales price of condominiums and townhomes is up 11.2% from the median of $215,806 in August 2023.