Sullivan, IN Home Values & Market Trends
Real estate market trends reflect that there have been 56 transactions over the past year in Sullivan. The median value for residential home transactions that occurred over the previous year is $106,395.4. The number of current listings in Sullivan is 11, and the percentage of properties for sale in the city is 11.00%. Sullivan, IN currently has 16 properties in foreclosure, 4 bank owned properties, 4 properties headed for auction, and 11 properties for sale.
Sullivan, IN Real Estate Market Overview
Zip | Median Est. Value |
---|---|
47882 | $ 97,951 $ 59/sqft |
Housing Market Summary for Sullivan, IN
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $84,950 | $111.5K | 31.26% |
Median Sold Price | $106.6K | $111.5K | 4.63% |
Homes For Sale | 14 | 9 | -35.71% |
Homes Sold | 46 | 36 | -21.74% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Sullivan, IN
Browse Homes in Sullivan, IN
Sullivan home values range from $16,312 to $1,162,244. The median estimated value of a home in Sullivan is $106,395.4. The median list price of a home is 110,900, and the total count of properties in the city is 2,884.
- Pre-ForeclosurePre-foreclosure homes account for 0.28% of all residential properties in Sullivan, IN with 47882 containing 8 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Sullivan, IN; of that zips, the estimated home value for pre-foreclosure homes ranges from $148,802 in 47882 to the lowest home value of $43,010 in 47882.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Sullivan, IN ranges from the highest value of $314,567 in 47882 to the lowest value of $28,108 in 47882. Bank owned homes and properties account for 0.14% of properties in Sullivan, IN. There is 1 zips within Sullivan, IN; 47882 containing 4 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions47882 has 4 auction properties, the highest number of properties going to auction in a single zip in the state of Sullivan, IN. Auction homes and other auction properties account for 0.14% of all properties in Sullivan, IN. There is 1 zips within Sullivan, IN; of that zips, the median estimated home value for homes going to auction ranges from $109,367 in 47882 to the lowest value of $65,002 in 47882.
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Guide for Sullivan, IN
The real estate market in Indianapolis, Indiana has shown growth in property values from March 2023 to January 2024, despite a minor dip in properties sold.
The Fort Wayne, Indiana real estate market showed impressive growth trends in 2023, with property values and prices per square foot showing an upward trajectory, suggesting potential for continued growth.
When house prices increase near good school, what options do home buyer have?
Information on foreclosure financing, refinancing, and foreclosure mortgages.