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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Baugo Township is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Baugo Township was a Seller's Market.

Key Takeaway

Baugo 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 Baugo Township, IN

How much do homes in Baugo Township, IN cost?

Median Sold Price

$256,450

$121/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$108,450(-29.7%)

Key Takeaway

Homes in Baugo Township have sold for 29.7% less than they did a month ago.

Summary: The median home sold price in Baugo Township was $256,450 in October 2024, down 29.7% from last month, and the median price per square foot was $121.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$203K
N/A
3 $368.4K$249.9K
-32.2%
4 $327.5K$379K
+15.7%
5+ $379.9K-
N/A

Summary: Baugo 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 32.2%, 4 bedroom homes increased by 15.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Olive Township
+4.6%
Elkhart
+3.7%
Concord Township
-9.1%
Cleveland Township
-22.5%
Baugo Township
-29.7%

Housing Supply in Baugo Township, IN

How many homes are available in Baugo Township, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3541+17.1%

Summary: The Baugo Township real estate market had 41 homes for sale in October 2024, a 17.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 47
+75.0%
3 1519
+26.7%
4 1110
-9.1%
5+ 44
0.0%

Summary: The Baugo 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 75%, 3 bedroom homes increased by 26.7%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
76-14.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Baugo Township, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 6 homes were sold or pending in Baugo Township in October 2024, down by 14.3% month-over-month. Of the 6 sold homes, 33% were sold under asking, 50% were sold at asking, and 17% were sold over asking.

Days on Market for Baugo 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 16 Days Ago

Newest Listings in Baugo Township, IN

Nearby Markets to Baugo Township, IN

What housing markets are near Baugo Township, IN?