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 neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Adams Township was a Buyer's Market.

Key Takeaway

Adams Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Adams Township, IN

How much do homes in Adams Township, IN cost?

Median Sold Price

$152,875

$66/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$26,625(+21.1%)

Key Takeaway

Homes in Adams Township have sold for 21.1% more than they did a year ago.

Summary: The median home sold price in Adams Township was $152,875 in November 2024, up 21.1% from last year, and the median price per square foot was $66.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $35.5K$280K
+688.7%
2 $110K$53K
-51.8%
3 $153.5K$179.9K
+17.2%
4 $355K$192K
-45.9%
5+ $40K$315K
+687.5%

Summary: Adams Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 688.7%, 2 bedroom homes decreased by 51.8%, 3 bedroom homes increased by 17.2%, 4 bedroom homes decreased by 45.9%, and 5+ bedroom homes increased by 687.5%.

Median Sold Price Compared To Nearby Cities

Adams Township
+21.1%
Rockville
+5.6%

Housing Supply in Adams Township, IN

How many homes are available in Adams Township, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1619+18.8%

Summary: The Adams Township real estate market had 19 homes for sale in November 2024, a 18.8% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 65
-16.7%
3 711
+57.1%
4 23
+50.0%
5+ 10
-100.0%

Summary: The Adams Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16.7%, 3 bedroom homes increased by 57.1%, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
330.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were 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. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Adams Township in November 2024, the same as the previous month. Of the 3 sold homes, 100% were sold under asking, 0% 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

Nov 2023Nov 2024CHANGE
25 Days71 Days+186.7%

Summary: Homes in Adams Township had an average of 71 days on market in Nov 2024, up by 186.7% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 3 homes were sold in Adams Township; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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 21 Days Ago

Newest Listings in Adams Township, IN

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