The Kokomo housing market is very competitive. The median sale price of a home in Kokomo was $160K last month, up 20.9% since last year. The median sale price per square foot in Kokomo is $119, up 17.8% since last year.
In March 2024, Kokomo home prices were up 20.9% compared to last year, selling for a median price of $160K. On average, homes in Kokomo sell after 22 days on the market compared to 29 days last year. There were 86 homes sold in March this year, up from 71 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$159,950
+20.9% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Kokomo, IN
$159,950
+20.9%
United States
To compare other locations to the Kokomo and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Kokomo's median sale price is 63% lower than the national average. Overall cost of living in Kokomo is 15% lower than the national average. Learn which home features in Kokomo add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Kokomo housing market?
Kokomo is very competitive. Homes sell in 30 days.
0
100
72
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% below list price and go pending in around 30 days.
Hot homes
can sell for about 2% above list price and go pending in around 3 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
99.4%
+1.5 pt YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Kokomo, IN
99.4%
+1.5 pt
United States
Kokomo Migration & Relocation Trends
No data on migration and relocation available in this area right now
Learn about migration trends in nearby cities
Home offer insights for Kokomo
Explore recent offers and recently sold homes in Kokomo
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
9/10
Wallace Elementary School
Public • K-5
358
Students
4 reviews
5/10
Sycamore Elementary School
Public • PreK-5
576
Students
4 reviews
4/10
Lafayette Park Elementary School
Public • PreK-5
493
Students
5 reviews
3/10
Boulevard Elementary School
Public • PreK-5
366
Students
6 reviews
2/10
Elwood Haynes Elementary School
Public • PreK-5
714
Students
2 reviews
Only showing 5 of
9 elementary schools.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Kokomo housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Kokomo.
Risk Factor
Flood Factor - Moderate
16% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Kokomo has a moderate risk of flooding. 1,858 properties in Kokomo are likely to be
severely affected
by flooding over the next 30 years. This represents 16% of all properties in Kokomo. Flood risk is increasing slower than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Kokomo has a moderate risk of wildfire. There are 160 properties in Kokomo that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in Kokomo.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Kokomo has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Kokomo is most at risk from hurricanes. 27,940 properties in Kokomo have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 49 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 55 mph.