Getting ready to sell your Indiana home? Here’s how long you can expect it to take — and some tips on how to speed things up (and still get a great price).
- In 2021, the average time it takes to sell a home in Indiana — from listing through closing — is approximately 80 days. That’s 45 days to get an offer, plus the typical 35-day closing period.
- Key factors that impact Indiana home sale timelines include local market conditions (e.g., buyer demand, job market, rising home values, etc.), time of year, and your property’s type and condition.
- Your agent’s listing strategy (pricing, marketing, networking, etc.) and the buyer’s financing situation — i.e., the amount of time it takes for them to secure loan approval — will also influence how long your sale ultimately takes.
Read on to learn more about how long it takes to sell a house in Indiana and get some pro tips on how to speed up your sale, get better offers, and save thousands in the process.
Editor’s Note: The data in this article may be slightly skewed because of COVID-19’s disruptive effect on 2020 real estate trends. See the table at the end of this article to compare data from 2020 and 2019 and see how drastically trends were affected in your state. |
JUMP TO SECTION
What’s the average time to sell a house in Indiana?
Average Time to Sell* | Average Price* | |
|---|---|---|
National | 86 days | $704,881 |
State | 80 | $314,867 |
*Based on Realtor.com Data (December, 2020) | ||
The average time it takes to sell a house in Indiana in 2021 is 80 days — 45 days to get an offer and an additional 35 days to close. This is approximately 7.0%faster than the national average. Keep in mind that these are annual averages and the numbers will vary by month and/or season.
Best time to sell a house in Indiana
In addition to the average days on market and list price data, we’ve compiled data on the BEST (and worst) times to sell your Indiana house based on what’s most important to you:
- Fastest Time to Sell: When should you list your home if you’re looking to sell quickly?
- Highest Sale Price: What month should you list in to get the best possible price for your home?
» LEARN: the best time to sell in Indiana
Best month to sell a house fast in Indiana
Month* | Days on Market** | |
|---|---|---|
Best Month | June | 31.5 days |
Worst Month | February | 66.5 days |
*Based on Realtor.com Data (December, 2020) **Days on market doesn't include the amount of time it typically includes to close (about 35 days) | ||
The best month to sell a house fast in Indiana is June. The median time it takes for Indiana homes listed in June to sell is 31.5 days, which is 13.5 days faster than the annual average.
» READ: a comprehensive guide on how to sell your house fast
Best month to sell a house in Indiana for price
Month* | Average Price* | |
|---|---|---|
Best Month | July | $239,900 |
Worst Month | January | $199,900 |
*Based on Realtor.com Data (December, 2020) | ||
The best month to sell a house in Indiana in terms of sale price is July. The median sale price in July is $239,900, which is 7.8% — or $17,325 — more than the annual average.
Tips to get your Indiana home sold
1. Find an experienced local agent
One of the easiest ways to get your home sold quickly is to have an experienced local agent in your corner. With a Clever Partner Agent, you get access to a no-obligation consultation and a Comparative Market Assessment to ensure that you price your home perfectly. The number you start with is going to influence the kinds of offers you get and how confident buyers are in your home.
Having an agent who knows your local market means that you have access to someone who knows how to market to your local audience. They know what buyers are looking for and what leads them to invest in a home like yours.
2. Update the HVAC
In a state like Indiana, it’s important to have your HVAC system in good order. The winters in Indiana can be rough and the summers can be as hot and humid as anywhere in the south. If the air system isn’t in order, it might not be comfortable for a new buyer.
A few small updates to your HVAC can go a long way, as homeowners will be sensitive to utility bills that come with a sizeable home with an outdated heating system.
3. Pitch to your market
Every neighborhood and every home has the ideal market that it’s built for. As Indiana’s demographics change and more people are flocking to cities and suburbs right outside of them, those homes are in high demand. However, if they’re not properly marketed, opportunities will be missed.
In cities, make sure you’re giving millennials the kinds of homes they’re looking for with new appliances and move-in ready updates. In rural areas, you’re going to be pitching to more families who want to have a quiet life and enjoy nature. As the pharmaceutical industry grows, it attracts high-earners who want a little more luxury out of their home, so if you’re in a region where they’d move, you need to sell yourself correctly.
4. Take professional photos
Image is everything when you’re selling a home and potential buyers will likely see your home online before they see it in person. That means that the images that you share need to be professionally taken and show your home in its ideal state.
Hire someone to design and stage the interior of your home and then get photos taken to show off your space. Keep it in this order so that potential buyers feel assured that everything is in order when they come for a viewing.
5. Use a lockbox for private showings
You might not have the same schedule as potential buyers, making it hard to let them in and show off your home. The best solution for this is to put a key in a lockbox outside of your home.
This allows your agent to show off your home whenever anyone asks to see it. It also allows you to show off your home to people at a moment’s notice if they reach out to you directly. You’ll find that most buyers will want to go back and revisit a home before they make a final decision on a purchase.
Next steps for Indiana home sellers
If you’re looking to sell your home fast in Indiana and get a great price, Clever can help.
Clever negotiates reduced rates with top-rated real estate agents throughout Indiana. Get full service and support for a flat $3,000 listing fee — or just 1% if your home sells for more than $350,000. You’ll still have to offer a buyer’s agent commission, per the standard rate in your area (typically 2.5-3%), but overall, you’ll still save up to 50% on standard commission fees.
» LEARN: more about low-commission real estate agents
Importantly, home sellers who list with Clever get their first qualified offer in an average of 24.1 days* — that’s 21 days faster than the average time to offer in Indiana.
Sell your house fast and save thousands!
Work with a top local agent for a fraction of the typical cost.
*Average time to offer for Clever home sellers in 2020
Average time to sell in 2019
2019* | 2020* | |
|---|---|---|
Average Time to Sell in Indiana: | 58 days | 80 days |
National Average: | 80 days | 86 days |
Average Sale Price in Indiana: | $193,583 | $314,867 |
National Average: | $307,750 | $704,881 |
Best Month for Speed: | June, with an average of 11 days on market | June, with an average of 31.5 days on market |
Best Month for Price: | June, with an average sale price of $210,000 | July, with an average sale price of $239,900 |
*Based on data gathered from Realtor.com and Zillow Data Center | ||