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

Last month, Adams Township was a Buyer'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

$190,000

$55/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$60,000(-24.0%)

Key Takeaway

Homes in Adams Township have sold for 24% less than they did a month ago.

Summary: The median home sold price in Adams Township was $190,000 in October 2024, down 24% from last month, and the median price per square foot was $55.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$10K
N/A
3 $250K$190K
-24.0%
4 --
N/A
5+ -$400K
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 did not change, 3 bedroom homes decreased by 24%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Union Township
+12.3%
Washington Township
-5.9%
Rockville
-15.3%
Adams Township
-24.0%

Housing Supply in Adams Township, IN

How many homes are available in Adams Township, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1215+25.0%

Summary: The Adams Township real estate market had 15 homes for sale in October 2024, a 25.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 36
+100.0%
3 66
0.0%
4 22
0.0%
5+ 11
0.0%

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 increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 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. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Adams Township in October 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Adams Township, IN

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

Average Sale Time

Sep 2024Oct 2024CHANGE
44 Days189 Days+329.5%

Summary: Homes in Adams Township had an average of 189 days on market in Oct 2024, up by 329.5% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Adams Township are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 3 homes were sold in Adams Township; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 67% 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 20 Days Ago

Newest Listings in Adams Township, IN

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