Mitch's Weekly Market Report
Mc Cordsville, IN
Condos/Townhomes
ToHelpUMove Inc.| Email: Mitch@ToHelpUmove.com | Phone: (317) 223-1673
Mc Cordsville, IN
Sun Feb 23 2025
This week the median list price for Mc Cordsville, IN is $425,449 with the market action index hovering around 37. This is about the same as last month's market action index of 37. Inventory has decreased to 2.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
Market Narrative
The market has been strong for several consecutive weeks. Reflecting these inventory conditions, with the MAI in the Seller’s zone, it is not surprising that prices have recently resumed their climb.
Real-Time Market Profile
| Median List Price | $425,449 | |
| Median Price of New Listings | $0 | |
| Per Square Foot | $179 | |
| Average Days on Market | 245 | |
| Median Days on Market | 245 | |
| Price Decreased | 50% | |
| Price Increased | 0% | |
| Relisted | 0% | |
| Inventory | 2 | |
| Median Rent | ||
| Market Action | 37 | |
| Slight Seller's Advantage | ||
Price trends continued their recent uptrend this week. While still below the market’s high point, we may be seeing the start of a good price stretch here.
Market Segments
Each segment below represents approximately 25% of the market ordered by price.
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| $525,900 | 2,649 | 0 - 4,500 sqft | 2 | 3 | 1 | 0 | 0 | 154 |
| $324,999 | 2,021 | 0 - 4,500 sqft | 3 | 2.5 | 1 | 0 | 0 | 336 |