In Southeastern Indiana, the average sale price of homes increased 16.8% in October (as compared to October 2015). Here are the statistics for this region:

October 2016 vs October 2015

• 16.8% Increase in average sale price ($173,002 vs $148,055)
• 5.5% Increase in median sale price ($142,400 vs $135,000)
• -21.5% Decrease in homes sold (95 homes vs 121 homes)
• -8.3% Decrease in sales volume

January – October 2016 vs January – October 2015

• 4.9% Increase in average sale price ($152,495 vs $145,331)
• 6.9% Increase in median sale price ($139,000 vs $130,000)
• -2.9% Decrease in homes sold (977 homes vs 1,006 homes)
• 1.9% Increase in sales volume

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Statistics courtesy of: Rick McMillin, Vice President/Sales Manager of Sibcy Cline Harrison. Southeastern Indiana Home Sales Report October 2016.