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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Blue River Township is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Blue River Township, IN

How much do homes in Blue River Township, IN cost?

Median Sold Price

$229,400

$117/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$38,400(+20.1%)

Key Takeaway

Homes in Blue River Township have sold for 20.1% more than they did a month ago.

Summary: The median home sold price in Blue River Township was $229,400 in October 2024, up 20.1% from last month, and the median price per square foot was $117.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 $139.9K-
N/A
2 -$113K
N/A
3 $192.5K$239.9K
+24.6%
4 --
N/A
5+ --
N/A

Summary: Blue River 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 24.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Blue River Township
+20.1%
Jackson Township
-26.3%

Housing Supply in Blue River Township, IN

How many homes are available in Blue River Township, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2221-4.5%

Summary: The Blue River Township real estate market had 21 homes for sale in October 2024, a 4.5% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 10
-100.0%
2 33
0.0%
3 1312
-7.7%
4 56
+20.0%
5+ 00
0.0%

Summary: The Blue River Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 7.7%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
410+150.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 10 homes were sold or pending in Blue River Township in October 2024, up by 150.0% month-over-month. Of the 10 sold homes, 50% were sold under asking, 20% were sold at asking, and 30% were sold over asking.

Days on Market for Blue River Township, IN

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

Average Sale Time

Sep 2024Oct 2024CHANGE
34 Days26 Days-22.9%

Summary: Homes in Blue River Township had an average of 26 days on market in Oct 2024, down by 22.9% compared to last month.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 10 homes were sold in Blue River Township; 60% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 10% 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 16 Days Ago

Newest Listings in Blue River Township, IN

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