Is Sugar 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, Sugar Creek Township has remained a Seller's Market.
Housing Prices in Sugar Creek Township, IN
How much do homes in Sugar Creek Township, IN cost?
Median Sold Price
$362,250
$154/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Sugar Creek Township was $362,250 in May 2024, up 0.6% from last year, and the median price per square foot was $154.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $297.9K | $305K | +2.4% |
3 Bedrooms | $310K | $339.2K | +9.4% |
4 Bedrooms | $380K | $395K | +3.9% |
5+ Bedrooms | $427.4K | $425K | -0.6% |
Summary: Sugar 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 increased by 2.4%, 3 bedroom homes increased by 9.4%, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes decreased by 0.6%.
Median Sold Price Compared To Nearby Cities
Moral Township | $280K | $317.5K | +13.4% |
Cumberland | $246.2K | $255.9K | +3.9% |
New Palestine | $359.9K | $364K | +1.1% |
Sugar Creek Township | $359.9K | $362.2K | +0.6% |
Housing Supply in Sugar Creek Township, IN
How many homes are available in Sugar Creek Township, IN?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
82 | 83 | +1.2% |
Summary: The Sugar Creek Township real estate market had 83 homes for sale in May 2024, a 1.2% 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 | 6 | 9 | +50.0% |
3 Bedrooms | 24 | 22 | -8.3% |
4 Bedrooms | 36 | 37 | +2.8% |
5+ Bedrooms | 16 | 15 | -6.3% |
Summary: The Sugar 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 50%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes increased by 2.8%, and 5+ bedroom homes decreased by 6.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
22 | 18 | -18.2% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 18 homes were sold or pending in Sugar Creek Township in May 2024, down by 18.2% month-over-month. Of the 18 sold homes, 50% were sold under asking, 39% were sold at asking, and 11% were sold over asking.
Days on Market for Sugar Creek Township, IN
How long does it take to sell a home in Sugar Creek Township, IN?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
48 Days | 78 Days | +60.6% |
Summary: Homes in Sugar Creek Township had an average of 78 days on market in May 2024, up by 60.6% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During May 2024, 18 homes were sold in Sugar Creek Township; 72% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 28% of homes were sold over 90 days.