Is Fall Creek Township, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Fall Creek Township has remained a Seller's Market.
Housing Prices in Fall Creek Township, IN
How much do homes in Fall Creek Township, IN cost?
Median Sold Price
$440,011
$156/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Fall Creek Township was $440,011 in May 2024, up 1.8% from last year, and the median price per square foot was $156.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $174.7K | $182K | +4.1% |
2 Bedrooms | $299.5K | $318K | +6.2% |
3 Bedrooms | $335K | $338.9K | +1.2% |
4 Bedrooms | $450K | $475K | +5.6% |
5+ Bedrooms | $642.9K | $680.7K | +5.9% |
Summary: Fall Creek Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.1%, 2 bedroom homes increased by 6.2%, 3 bedroom homes increased by 1.2%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes increased by 5.9%.
Median Sold Price Compared To Nearby Cities
Green Township | $263.5K | $315K | +19.5% |
Vernon Township | $349.9K | $367.3K | +5.0% |
Fishers | $385.5K | $394.4K | +2.3% |
Fall Creek Township | $432.3K | $440K | +1.8% |
McCordsville | $370K | $365.8K | -1.1% |
Housing Supply in Fall Creek Township, IN
How many homes are available in Fall Creek Township, IN?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
343 | 364 | +6.1% |
Summary: The Fall Creek Township real estate market had 364 homes for sale in May 2024, a 6.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 2 | +100.0% |
2 Bedrooms | 25 | 22 | -12.0% |
3 Bedrooms | 87 | 102 | +17.2% |
4 Bedrooms | 132 | 133 | +0.8% |
5+ Bedrooms | 99 | 105 | +6.1% |
Summary: The Fall Creek Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 12%, 3 bedroom homes increased by 17.2%, 4 bedroom homes increased by 0.8%, and 5+ bedroom homes increased by 6.1%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
94 | 111 | +18.1% |
Asking Price vs. Sold Price
43 Homes Were Sold
Under Asking
26 Homes Were Sold
At Asking
42 Homes Were Sold
Over Asking
Summary: A total of 111 homes were sold or pending in Fall Creek Township in May 2024, up by 18.1% month-over-month. Of the 111 sold homes, 39% were sold under asking, 23% were sold at asking, and 38% were sold over asking.
Days on Market for Fall Creek Township, IN
How long does it take to sell a home in Fall Creek Township, IN?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
23 Days | 21 Days | -7.7% |
Summary: Homes in Fall Creek Township had an average of 21 days on market in May 2024, down by 7.7% compared to last year.
Breakdown of Home Sale Times
95 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Summary: During May 2024, 111 homes were sold in Fall Creek Township; 86% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.