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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Boon Township is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Boon Township, IN

How much do homes in Boon Township, IN cost?

Median Sold Price

$187,450

$157/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$12,550(-6.3%)

Key Takeaway

Homes in Boon Township have sold for 6.3% less than they did a month ago.

Summary: The median home sold price in Boon Township was $187,450 in November 2024, down 6.3% from last month, and the median price per square foot was $157.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 -$80K
N/A
2 $93K$140.9K
+51.6%
3 $160.5K$264.9K
+65.1%
4 $602K$275K
-54.3%
5+ $264.5K-
N/A

Summary: Boon Township housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 51.6%, 3 bedroom homes increased by 65.1%, 4 bedroom homes decreased by 54.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Boonville
+6.6%
Chandler
+4.1%
Ohio Township
+3.8%
Boon Township
-6.3%

Housing Supply in Boon Township, IN

How many homes are available in Boon Township, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5354+1.9%

Summary: The Boon Township real estate market had 54 homes for sale in November 2024, a 1.9% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 1012
+20.0%
3 2322
-4.3%
4 1414
0.0%
5+ 55
0.0%

Summary: The Boon 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 increased by 20%, 3 bedroom homes decreased by 4.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1315+15.4%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 15 homes were sold or pending in Boon Township in November 2024, up by 15.4% month-over-month. Of the 12 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for Boon 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 2 Days Ago

Newest Listings in Boon Township, IN

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