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
$334,997
$153/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 $334,997 in May 2024, up 14.4% from last year, and the median price per square foot was $153.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $197.9K | $195K | -1.5% |
3 Bedrooms | $240K | $280K | +16.7% |
4 Bedrooms | $359.9K | $351.9K | -2.2% |
5+ Bedrooms | $389.9K | $387.5K | -0.6% |
Summary: Fall Creek Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.5%, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 2.2%, and 5+ bedroom homes decreased by 0.6%.
Median Sold Price Compared To Nearby Cities
Green Township | $263.5K | $315K | +19.5% |
Fall Creek Township | $292.8K | $334.9K | +14.4% |
Pendleton | $324.9K | $340K | +4.6% |
Adams Township | $265.2K | $212K | -20.1% |
Green Township | $359.9K | $275.9K | -23.3% |
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 |
---|---|---|
60 | 70 | +16.7% |
Summary: The Fall Creek Township real estate market had 70 homes for sale in May 2024, a 16.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 4 | +100.0% |
3 Bedrooms | 29 | 31 | +6.9% |
4 Bedrooms | 21 | 26 | +23.8% |
5+ Bedrooms | 8 | 9 | +12.5% |
Summary: The Fall Creek Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 6.9%, 4 bedroom homes increased by 23.8%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
17 | 17 | 0.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in Fall Creek Township in May 2024, the same as the previous month. Of the 17 sold homes, 29% were sold under asking, 35% were sold at asking, and 35% 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 |
---|---|---|
15 Days | 14 Days | -11.1% |
Summary: Homes in Fall Creek Township had an average of 14 days on market in May 2024, down by 11.1% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 17 homes were sold in Fall Creek Township; 71% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.