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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Adams Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Adams Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Adams Township, IN

How much do homes in Adams Township, IN cost?

Median Sold Price

$242,450

$145/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$32,450(+15.5%)

Key Takeaway

Homes in Adams Township have sold for 15.5% more than they did a month ago.

Summary: The median home sold price in Adams Township was $242,450 in October 2024, up 15.5% from last month, and the median price per square foot was $145.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $166K$225K
+35.5%
3 $205K$236.2K
+15.2%
4 $297.5K$315K
+5.9%
5+ -$386.1K
N/A

Summary: Adams Township housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 35.5%, 3 bedroom homes increased by 15.2%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

New Haven
+24.4%
Adams Township
+15.5%
Wayne Township
+6.6%
Saint Joseph Township
0.2%
Fort Wayne
0%

Housing Supply in Adams Township, IN

How many homes are available in Adams Township, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
127124-2.4%

Summary: The Adams Township real estate market had 124 homes for sale in October 2024, a 2.4% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 117
-36.4%
3 8484
0.0%
4 2625
-3.8%
5+ 57
+40.0%

Summary: The Adams Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 36.4%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 3.8%, and 5+ bedroom homes increased by 40%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3236+12.5%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Adams Township, you may be able to get a good deal. 44.1% of homes here sold below asking price last month.

Summary: A total of 36 homes were sold or pending in Adams Township in October 2024, up by 12.5% month-over-month. Of the 34 sold homes, 44% were sold under asking, 29% were sold at asking, and 26% were sold over asking.

Days on Market for Adams Township, IN

We’re sorry, we don't have information for this market at the moment

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

Report Updated 17 Days Ago

Newest Listings in Adams Township, IN

Nearby Markets to Adams Township, IN

What housing markets are near Adams Township, IN?