A normal Tippecanoe County residence mentioned for $299,950 in June, down 4.6% from the former month’s $314,500, an analysis of info from Real estate agent.com displays.
The median list house price in June was up about 12.6% from June 2021. Tippecanoe County’s median residence was 1,936 square feet for a outlined price of $151 per sq. foot.
The Tippecanoe County marketplace was busy, with a median 23 times on market place. A thirty day period previously, residences experienced a median 17 times on sector. The market additional 196 new house listings in June, compared with the 172 additional in June 2021. The industry finished the thirty day period with some 150 listings of households for sale.
The median property prices issued by Realtor.com might exclude substantially, or even most, of a market’s houses. The price and quantity symbolize only residences that are one-relatives households, condominums or townhomes. They contain existing residences, but exclude most new development as effectively as pending and contingent income.
Data on your local housing current market is readily available by means of the United states of america These days Network, with more knowledge from Realtor.com.
What were Lafayette-area property prices in June? Here is a county-by-county breakdown
White County’s property costs rose 1.1%, to a median $262,950, from a month earlier. The regular property was on the market place for 34 days, from 31 days a thirty day period earlier. The regular 1,576-sq.-foot home had a record price tag of $153 for every square foot.
Clinton County’s household rates fell 8.9%, to a median $168,450, from a month before. The normal household was on the market for 23 days, from 19 days a thirty day period previously. The regular 1,709-sq.-foot home experienced a listing price tag of $120 per sq. foot.
Fountain County’s house rates fell 25.3%, to a median $199,500, from a thirty day period before. The common residence was on the current market for 46 days, from 36 days a thirty day period previously. The standard 2,058-square-foot property experienced a listing price of $107 per square foot.
Throughout all of Indiana, median dwelling selling prices were $278,450, mounting 1.3% from a month earlier. The median Indiana household for sale had 1,943 sq. toes at checklist rate of $140 for every square foot.
Throughout the United States, median property selling prices were being $450,000, up .7% from a month previously. The median American home for sale experienced 1,887 square toes, mentioned at $228 for each sq. foot.
The median dwelling listing selling price — the halfway level of all the residences or models detailed above a period of time — is made use of much more typically in this report alternatively of the ordinary residence list price simply because industry experts say the median gives a extra accurate perspective of what is happening in a industry. In getting the average cost, all price ranges of properties listed are extra and then divided by the range of residences offered. This measure can be skewed by a person minimal or significant price tag.
The United states of america Right now Network is publishing localized variations of this story on its news websites throughout the state, created with knowledge from the Realtor.com household listings database.. The story was created by Mike Stucka and Sean Lahman.