Odon, IN

Balanced market

Housing market overview · Updated weekly

$255,000median sale price

Homes sold

1

Last 12 weeks

Days on market

16

Fast-moving

Active listings

3

3.0 months supply

Sale-to-list

96.2%

Below asking

Odon, IN housing market analysis

The Odon housing market is currently classified as a balanced market with a median sale price of $255,000. Homes in Odon spend an average of 16 days on market before going under contract, which is exceptionally fast and indicates intense buyer competition in this area.

With 3.0 months of supply, Odon is approaching equilibrium. Neither buyers nor sellers hold a decisive advantage, which creates an environment where thoughtful negotiations and fair pricing tend to produce successful transactions for both parties. The average sale-to-list price ratio stands at 96.2%, meaning homes are selling below asking price on average, suggesting room for negotiation.

There are currently 3 active listings in Odon, providing a very limited selection that intensifies competition among buyers. Monitoring inventory trends over time provides one of the best leading indicators of where prices are headed. Rising inventory typically precedes price moderation, while declining inventory often signals continued price appreciation.

Whether you're a first-time homebuyer evaluating Odon as a place to put down roots, an investor analyzing cash flow potential, or a current homeowner tracking your equity position, understanding these market dynamics is essential for making well-timed, data-informed decisions. Compare Odon with nearby markets using our city comparison tool, or estimate your monthly costs with our mortgage calculator.

Market trends

Zip codes in Odon, IN

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Frequently asked questions

What is the average home price in Odon?

The median home sale price in Odon is $255,000, down 0.0% from last year.

How long do homes stay on market in Odon?

Homes typically spend 16 days on market before going under contract.

Is Odon a buyer's or seller's market?

With 3.0 months of supply, Odon is currently a balanced market.

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