Kokomo, IN
Housing market overview · Updated weekly
$167,450median sale price
Homes sold
62
Last 12 weeks
Days on market
76
Average pace
Active listings
179
2.9 months supply
Sale-to-list
96.9%
Below asking
The Kokomo housing market is currently classified as a balanced market with a median sale price of $167,450. Prices have risen 4.0% compared to last year, with homes spending an average of 76 days on market, indicating 2.9 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
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Frequently asked questions
What is the average home price in Kokomo?
The median home sale price in Kokomo is $167,450, up 4.0% from last year.
How long do homes stay on market in Kokomo?
Homes typically spend 76 days on market before going under contract.
Is Kokomo a buyer's or seller's market?
With 2.9 months of supply, Kokomo is currently a balanced market.
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