02/20/2025
📊 Local County Market Update!
Curious about how our local markets are performing? Here’s a quick snapshot across several counties:
📍 Dekalb County:
• Median Price: Down 18%
• Days on Market: Up 14% to 16 days
• Properties Sold: 36 (down 5.3% YoY)
• Inventory: 1.9 months – still a seller’s market
• List-to-Sale Ratio: 96.8% – could signal a shift toward a more balanced market
📍 Noble County:
• Median Price: Up 10% to $220,000
• Days on Market: Nearly halved from last January at just 25 days
• Inventory: 3.6 months – moving toward a buyer-friendly environment
• List-to-Sale Ratio: 96.1%
📍 Allen County:
• Median Price: Up 12% to $260,000
• Days on Market: 23 days on average
• Inventory: 2.5 months (up 26% from last January)
• List-to-Sale Ratio: 95.6%
📍 Steuben County:
• Median Price: Up 29% YoY to $270,000
• Inventory: 3.2 months
• List-to-Sale Ratio: 93.6% – leaning heavily towards a buyer-friendly market
These figures highlight a dynamic market environment—whether you’re buying or selling, it pays to know your local stats!
Have questions about what these trends mean for you? Drop a comment or send me a message. I’m here to help you navigate these changes and find the right strategy for your next move!
- Nate Hicks, Your Realtor