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

Monthly Market Report

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

Inventory

Average daily inventory

Bloomington MSA 410 +12% +1%
Chicago MSA 1336 -4% +17%
Cincinnati MSA 55 +5% +8%
Columbus MSA 102 -0% +5%
Elkhart MSA 213 -0% +20%
Evansville MSA 440 +2% +52%
Fort Wayne MSA 575 -0% +28%
Indianapolis MSA 3538 +3% +24%
Kokomo MSA 109 -1% -10%
Lafayette-West Lafayette MSA 172 +9% +36%
Louisville MSA 389 +1% +28%
Michigan City MSA 172 -15% +49%
Muncie MSA 129 -11% +60%
South Bend MSA 408 +1% +36%
Terre Haute MSA 225 -1% +50%

New Listings

Monthly total by listing date

Bloomington MSA 218 +7% -5%
Chicago MSA 903 +25% +2%
Cincinnati MSA 44 -10% -8%
Columbus MSA 106 +31% +3%
Elkhart MSA 200 +10% +25%
Evansville MSA 413 +15% +7%
Fort Wayne MSA 632 +16% +6%
Indianapolis MSA 3230 +7% +7%
Kokomo MSA 119 -2% -11%
Lafayette-West Lafayette MSA 251 +28% +20%
Louisville MSA 477 +16% +12%
Michigan City MSA 118 +6% +12%
Muncie MSA 97 -18% -11%
South Bend MSA 417 +15% +21%
Terre Haute MSA 161 +2% +24%

Closed Sales

Monthly total of closed sales

Bloomington MSA 144 +13% +5%
Chicago MSA 652 +13% +2%
Cincinnati MSA 39 +3% +34%
Columbus MSA 77 -18% -8%
Elkhart MSA 150 -12% +15%
Evansville MSA 313 -1% +1%
Fort Wayne MSA 474 +8% +18%
Indianapolis MSA 2665 +9% +7%
Kokomo MSA 120 +21% +5%
Lafayette-West Lafayette MSA 169 +3% -5%
Louisville MSA 332 +0% +8%
Michigan City MSA 100 +20% +23%
Muncie MSA 92 +3% +16%
South Bend MSA 300 +13% +43%
Terre Haute MSA 139 +29% +13%

Median Days on Market

Days from listing to pending

Bloomington MSA 38 +52% +15%
Chicago MSA 11 -15% +10%
Cincinnati MSA 9 +38% +29%
Columbus MSA 7 -36% +40%
Elkhart MSA 10 +67% +67%
Evansville MSA 7 +0% +133%
Fort Wayne MSA 6 -14% +50%
Indianapolis MSA 9 -18% +80%
Kokomo MSA 10 +67% +150%
Lafayette-West Lafayette MSA 5 -17% +67%
Louisville MSA 12 -8% +60%
Michigan City MSA 10 +11% +43%
Muncie MSA 14 +100% +180%
South Bend MSA 6 -40% +20%
Terre Haute MSA 6 -48% -33%

Median Sale Price

Median monthly sale price

Bloomington MSA 319900 +5% +12%
Chicago MSA 248500 +4% -1%
Cincinnati MSA 252000 -10% +12%
Columbus MSA 270000 +1% +3%
Elkhart MSA 223500 -1% +3%
Evansville MSA 212000 +0% +10%
Fort Wayne MSA 245500 -2% -2%
Indianapolis MSA 303000 +2% +4%
Kokomo MSA 168242 +3% +10%
Lafayette-West Lafayette MSA 276000 +1% +3%
Louisville MSA 259900 +6% +11%
Michigan City MSA 220000 +0% +13%
Muncie MSA 141500 -14% -3%
South Bend MSA 200000 +11% +5%
Terre Haute MSA 149000 -8% +4%

Sale Price as Pct. of List Price

Monthly average

Bloomington MSA 96.9% -1% +0%
Chicago MSA 95.7% +0% -0%
Cincinnati MSA 96.8% -1% -1%
Columbus MSA 96.7% -1% -1%
Elkhart MSA 97.0% -1% +0%
Evansville MSA 96.4% +1% -1%
Fort Wayne MSA 98.2% +1% -1%
Indianapolis MSA 97.3% +1% +0%
Kokomo MSA 97.6% +0% +1%
Lafayette-West Lafayette MSA 99.0% +1% +0%
Louisville MSA 96.4% -0% -1%
Michigan City MSA 96.7% +3% +4%
Muncie MSA 95.2% +1% -1%
South Bend MSA 97.3% +2% -1%
Terre Haute MSA 92.7% -3% -4%

New Pending Contracts

Monthly total by pending date

Bloomington MSA 83 -3% -25%
Chicago MSA 789 +12% +2%
Cincinnati MSA 29 -37% -38%
Columbus MSA 92 -1% -4%
Elkhart MSA 183 +20% +23%
Evansville MSA 340 -1% +1%
Fort Wayne MSA 528 +11% +3%
Indianapolis MSA 2976 -2% +0%
Kokomo MSA 105 +11% +9%
Lafayette-West Lafayette MSA 211 +19% +19%
Louisville MSA 381 +9% +6%
Michigan City MSA 104 +4% -3%
Muncie MSA 109 +0% +2%
South Bend MSA 357 +13% +31%
Terre Haute MSA 127 -2% -12%

Months of Inventory

Current supply versus 12-month sales average

Bloomington MSA 3.0 +11% +17%
Chicago MSA 2.1 -4% +32%
Cincinnati MSA 1.4 +3% +31%
Columbus MSA 1.2 +1% +26%
Elkhart MSA 1.4 -1% +30%
Evansville MSA 1.5 +1% +71%
Fort Wayne MSA 1.2 -1% +37%
Indianapolis MSA 1.4 +3% +41%
Kokomo MSA 1.0 -2% -10%
Lafayette-West Lafayette MSA 1.0 +10% +54%
Louisville MSA 1.2 +0% +38%
Michigan City MSA 1.8 -17% +56%
Muncie MSA 1.4 -12% +78%
South Bend MSA 1.5 -2% +44%
Terre Haute MSA 2.0 -2% +67%