All Reports Monthly Market Report metro area • April 2024 • All Residential

Monthly Market Report

Monthly totals, trends, and year-over-year comparisons

Inventory

Average daily inventory

Bloomington MSA 455 +12% +4%
Chicago MSA 1333 -4% +14%
Cincinnati MSA 78 +0% +26%
Columbus MSA 104 -0% +7%
Elkhart MSA 218 -0% +20%
Evansville MSA 441 +1% +52%
Fort Wayne MSA 587 +0% +29%
Indianapolis MSA 3585 +3% +23%
Kokomo MSA 115 +2% -15%
Lafayette-West Lafayette MSA 179 +9% +31%
Louisville MSA 399 +0% +30%
Michigan City MSA 183 -12% +47%
Muncie MSA 183 -10% +42%
South Bend MSA 417 +2% +36%
Terre Haute MSA 288 -3% +49%

New Listings

Monthly total by listing date

Bloomington MSA 237 +4% -4%
Chicago MSA 1025 +22% +5%
Cincinnati MSA 56 -5% -5%
Columbus MSA 107 +32% +4%
Elkhart MSA 200 +10% +24%
Evansville MSA 414 +14% +8%
Fort Wayne MSA 637 +16% +8%
Indianapolis MSA 3248 +7% +7%
Kokomo MSA 131 +7% -7%
Lafayette-West Lafayette MSA 256 +24% +19%
Louisville MSA 486 +17% +15%
Michigan City MSA 129 -9% +15%
Muncie MSA 120 -23% -14%
South Bend MSA 419 +14% +19%
Terre Haute MSA 195 +8% +19%

Closed Sales

Monthly total of closed sales

Bloomington MSA 153 +10% -3%
Chicago MSA 769 +13% +11%
Cincinnati MSA 50 +0% +39%
Columbus MSA 78 -19% -9%
Elkhart MSA 151 -12% +16%
Evansville MSA 314 -1% +2%
Fort Wayne MSA 474 +7% +18%
Indianapolis MSA 2678 +9% +6%
Kokomo MSA 128 +23% +7%
Lafayette-West Lafayette MSA 178 +5% -1%
Louisville MSA 341 +2% +11%
Michigan City MSA 113 +20% +33%
Muncie MSA 113 +3% +10%
South Bend MSA 302 +13% +40%
Terre Haute MSA 158 +20% +7%

Median Days on Market

Days from listing to pending

Bloomington MSA 37 +48% +19%
Chicago MSA 13 -16% +0%
Cincinnati MSA 13 +117% +62%
Columbus MSA 7 -36% +40%
Elkhart MSA 10 +43% +67%
Evansville MSA 7 +0% +133%
Fort Wayne MSA 7 -22% +75%
Indianapolis MSA 9 -18% +50%
Kokomo MSA 11 +22% +83%
Lafayette-West Lafayette MSA 5 +0% +67%
Louisville MSA 12 -14% +60%
Michigan City MSA 12 -14% +50%
Muncie MSA 17 +6% +143%
South Bend MSA 6 -33% +20%
Terre Haute MSA 8 -33% -24%

Median Sale Price

Median monthly sale price

Bloomington MSA 319950 +5% +14%
Chicago MSA 269900 +3% +4%
Cincinnati MSA 241250 -3% +12%
Columbus MSA 270000 +0% +3%
Elkhart MSA 225000 +1% +3%
Evansville MSA 211000 -0% +10%
Fort Wayne MSA 245500 -2% -1%
Indianapolis MSA 304250 +3% +5%
Kokomo MSA 169500 +4% +11%
Lafayette-West Lafayette MSA 275500 +2% +1%
Louisville MSA 258950 +7% +10%
Michigan City MSA 243650 +8% +22%
Muncie MSA 136900 -17% -2%
South Bend MSA 200000 +11% +5%
Terre Haute MSA 146553 -8% -1%

Sale Price as Pct. of List Price

Monthly average

Bloomington MSA 96.8% -0% +0%
Chicago MSA 96.1% +0% -0%
Cincinnati MSA 96.4% -0% -1%
Columbus MSA 96.8% -1% -1%
Elkhart MSA 97.0% -1% +0%
Evansville MSA 96.6% +1% -1%
Fort Wayne MSA 98.2% +1% -1%
Indianapolis MSA 97.4% +1% +0%
Kokomo MSA 97.6% +0% +1%
Lafayette-West Lafayette MSA 99.0% +1% +0%
Louisville MSA 96.4% -0% -2%
Michigan City MSA 97.2% +3% +4%
Muncie MSA 95.4% +2% -1%
South Bend MSA 97.3% +3% -1%
Terre Haute MSA 92.2% -3% -4%

New Pending Contracts

Monthly total by pending date

Bloomington MSA 97 -1% -16%
Chicago MSA 1001 +9% +3%
Cincinnati MSA 45 -24% -22%
Columbus MSA 101 -5% -8%
Elkhart MSA 188 +15% +25%
Evansville MSA 374 -4% -3%
Fort Wayne MSA 560 +3% +4%
Indianapolis MSA 3278 -3% -3%
Kokomo MSA 129 +10% +10%
Lafayette-West Lafayette MSA 230 +13% +19%
Louisville MSA 435 +5% +4%
Michigan City MSA 127 -5% -2%
Muncie MSA 164 +3% -7%
South Bend MSA 378 +12% +26%
Terre Haute MSA 182 +7% -9%

Months of Inventory

Current supply versus 12-month sales average

Bloomington MSA 3.0 +12% +20%
Chicago MSA 1.9 -5% +28%
Cincinnati MSA 1.7 -2% +46%
Columbus MSA 1.2 +1% +29%
Elkhart MSA 1.4 -1% +30%
Evansville MSA 1.5 +1% +71%
Fort Wayne MSA 1.3 -1% +38%
Indianapolis MSA 1.5 +3% +39%
Kokomo MSA 1.0 +1% -15%
Lafayette-West Lafayette MSA 1.0 +9% +48%
Louisville MSA 1.3 -1% +41%
Michigan City MSA 1.8 -14% +53%
Muncie MSA 1.6 -11% +57%
South Bend MSA 1.5 -1% +45%
Terre Haute MSA 2.1 -4% +62%