Is Nineveh 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, Nineveh Township has remained a Seller's Market.
Housing Prices in Nineveh Township, IN
How much do homes in Nineveh Township, IN cost?
Median Sold Price
$327,250
$197/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Nineveh Township was $327,250 in May 2024, up 16.9% from last year, and the median price per square foot was $197.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $323K | $250K | -22.6% |
2 Bedrooms | $192.1K | $360K | +87.4% |
3 Bedrooms | $347.5K | $303.7K | -12.6% |
4 Bedrooms | $369.9K | $840K | +127.1% |
5+ Bedrooms | $380K | $817.5K | +115.1% |
Summary: Nineveh Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 22.6%, 2 bedroom homes increased by 87.4%, 3 bedroom homes decreased by 12.6%, 4 bedroom homes increased by 127.1%, and 5+ bedroom homes increased by 115.1%.
Median Sold Price Compared To Nearby Cities
Trafalgar | $245K | $328.9K | +34.3% |
Hensley Township | $265.2K | $329.9K | +24.4% |
Princes Lakes | $235K | $275K | +17.0% |
Nineveh Township | $280K | $327.2K | +16.9% |
Blue River Township | $167.5K | $185K | +10.4% |
Housing Supply in Nineveh Township, IN
How many homes are available in Nineveh Township, IN?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
59 | 57 | -3.4% |
Summary: The Nineveh Township real estate market had 57 homes for sale in May 2024, a 3.4% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 29 | 24 | -17.2% |
3 Bedrooms | 26 | 28 | +7.7% |
4 Bedrooms | 4 | 4 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Nineveh 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 17.2%, 3 bedroom homes increased by 7.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
12 | 12 | 0.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Nineveh Township in May 2024, the same as the previous month. Of the 12 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.
Days on Market for Nineveh Township, IN
How long does it take to sell a home in Nineveh Township, IN?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
42 Days | 44 Days | +4.1% |
Summary: Homes in Nineveh Township had an average of 44 days on market in May 2024, up by 4.1% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 12 homes were sold in Nineveh Township; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.