LaGrange County Indiana Housing Market As of the end of August 2010

LaGrange County and Noble County

Our office is located in Wolcottville Indiana which is in both LaGrange County and Noble County. We combine the data because there are so few sales it provides a more reliable result for averages.

Market and Sales Data Year to Date- End of August 2010

All Residential 2009 2010 Change

Average Sales Price YTD 99,463 100,135 +.7%

Homes Sold YTD 257 310 +20.6%

Average Days on Market 166.0 174.0 +4.8%

There are 682 homes listed for sale and at the average sold per month so far, it will take 17.9 months to sell them all (months of supply). Homes sold for 92.1% of the price they were listed at prior to sale.

More LaGrange and Noble County Market Statistics

LaGrange County Historical Statistics

Year to Date-End of August 2010 Lake Properties

Lake Properties 2009 2010 Change

Average Sales Price YTD 171,693 151,518 -11.8%

Homes Sold YTD 62 68 +9.7%

Average Days on Market 167 206 +23.4%

There are 258 homes listed for sale and at the average sold per month so far, it will take 23.4 months to sell them all (months of supply). That is 2 years! Homes sold for 91.6% of the price they were listed at prior to sale.

You can find lake market statistics, by county, on my Indiana Lake Agent Blog for LaGrange County, Noble County, and Steuben County.

Data obtained from the Northeastern Indiana Association of Realtors MLS from January 1, 2009 to August 31st 2010.