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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cleveland Township is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Cleveland Township, IN

How much do homes in Cleveland Township, IN cost?

Median Sold Price

$142,000

$86/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

-$53,750(-27.5%)

Key Takeaway

Homes in Cleveland Township have sold for 27.5% less than they did a month ago.

Summary: The median home sold price in Cleveland Township was $142,000 in December 2024, down 27.5% from last month, and the median price per square foot was $86.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 -$142K
N/A
3 $181.5K$190K
+4.7%
4 $218.5K-
N/A
5+ --
N/A

Summary: Cleveland Township housing prices by bedroom type for December 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 4.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Chester Township
+43.2%
Washington Township
-16.9%
Cleveland Township
-27.5%
South Whitley
-27.5%
Richland Township
-50.2%

Housing Supply in Cleveland Township, IN

How many homes are available in Cleveland Township, IN?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1110-9.1%

Summary: The Cleveland Township real estate market had 10 homes for sale in December 2024, a 9.1% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 22
0.0%
3 78
+14.3%
4 20
-100.0%
5+ 00
0.0%

Summary: The Cleveland Township housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 14.3%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cleveland Township, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Cleveland Township in December 2024, down by 25.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.

Days on Market for Cleveland Township, IN

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

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During December 2024, 3 homes were sold in Cleveland Township; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 4 Days Ago

Newest Listings in Cleveland Township, IN

Nearby Markets to Cleveland Township, IN

What housing markets are near Cleveland Township, IN?