Is Buck Creek Township, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Buck Creek Township is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Buck Creek Township has remained a Seller's Market.

Key Takeaway

Buck Creek Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Buck Creek Township, IN

How much do homes in Buck Creek Township, IN cost?

Median Sold Price

$300,000

$149/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$5,000(+1.7%)

Key Takeaway

Homes in Buck Creek Township have sold for 1.7% more than they did a year ago.

Summary: The median home sold price in Buck Creek Township was $300,000 in May 2024, up 1.7% from last year, and the median price per square foot was $149.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 -$180K
N/A
2 $359.9K$171.2K
-52.4%
3 $275K$285K
+3.6%
4 $336.9K$325K
-3.6%
5+ $448.1K$374.5K
-16.4%

Summary: Buck 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 52.4%, 3 bedroom homes increased by 3.6%, 4 bedroom homes decreased by 3.6%, and 5+ bedroom homes decreased by 16.4%.

Median Sold Price Compared To Nearby Cities

Lawrence
+5.8%
Vernon Township
+5.0%
Cumberland
+3.9%
Buck Creek Township
+1.7%
Center Township
0.0%

Housing Supply in Buck Creek Township, IN

How many homes are available in Buck Creek Township, IN?

Number of Homes For Sale

Apr 2024May 2024CHANGE
4241-2.4%

Summary: The Buck Creek Township real estate market had 41 homes for sale in May 2024, a 2.4% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 22
0.0%
3 2021
+5.0%
4 1714
-17.6%
5+ 34
+33.3%

Summary: The Buck 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 remained the same, 3 bedroom homes increased by 5%, 4 bedroom homes decreased by 17.6%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Apr 2024May 2024CHANGE
1415+7.1%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Buck Creek Township, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in Buck Creek Township in May 2024, up by 7.1% month-over-month. Of the 15 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.

Days on Market for Buck Creek Township, IN

How long does it take to sell a home in Buck Creek Township, IN?

Average Sale Time

May 2023May 2024CHANGE
55 Days12 Days-77.3%

Summary: Homes in Buck Creek Township had an average of 12 days on market in May 2024, down by 77.3% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Buck Creek Township are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 15 homes were sold in Buck Creek Township; 87% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

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