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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Black Township is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Black Township, IN

How much do homes in Black Township, IN cost?

Median Sold Price

$146,000

$131/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$12,000(-7.6%)

Key Takeaway

Homes in Black Township have sold for 7.6% less than they did a month ago.

Summary: The median home sold price in Black Township was $146,000 in October 2024, down 7.6% from last month, and the median price per square foot was $131.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 -$80.5K
N/A
2 -$136.9K
N/A
3 $144K$154K
+6.9%
4 -$190K
N/A
5+ $625K-
N/A

Summary: Black 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 increased by 6.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Mount Vernon
-5.7%
Black Township
-7.6%
Lynn Township
-41.1%

Housing Supply in Black Township, IN

How many homes are available in Black Township, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2325+8.7%

Summary: The Black Township real estate market had 25 homes for sale in October 2024, a 8.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 34
+33.3%
3 1112
+9.1%
4 55
0.0%
5+ 33
0.0%

Summary: The Black 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 33.3%, 3 bedroom homes increased by 9.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
59+80.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Black Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Black Township in October 2024, up by 80.0% month-over-month. Of the 8 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Black 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 Black Township, IN

Nearby Markets to Black Township, IN