Pendleton Real Estate Market Sees Sales Down

The Pendleton remained below its 12-month average sales volume this week as sales fell 14.3% to hit six homes sold over the last 30 days. Within the same time frame, Indianapolis had 1,045 sales, the most of all cities in the area. Potential buyers should note that prices went up in Pendleton, with the median for this period rising from $155,997 to $163,998. With only three months of inventory to sell, Pendleton is a seller's market, in spite of the dip in sales.

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Demographic facts for Pendleton:

  • The population density is 380.9 people per square mile.
  • The area's lifestyle rating is 44. (Scale: 1 = Worst, 100 = Best)
  • The breakdown of residents commuting to work is 86.6% by car, 7.3% by carpool, and 0.0% by public transit.

Data reported through 10/12/2016

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