Is Eagle Creek, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Eagle Creek is a seller's market

Buyer's
Market

Difference Since September 2023

Since last year, Eagle Creek has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Eagle Creek, IN

How much do homes in Eagle Creek, IN cost?

Median Sold Price

$250,000

$153/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$15,000(+6.4%)

Key Takeaway

Homes in Eagle Creek have sold for 6.4% more than they did a year ago.

Summary: The median home sold price in Eagle Creek was $250,000 in September 2024, up 6.4% from last year, and the median price per square foot was $153.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $140.5K-
N/A
2 $192K$190K
-1.0%
3 $246.8K$250.6K
+1.5%
4 $395K$400K
+1.3%
5+ $562.5K$589K
+4.7%

Summary: Eagle Creek housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1%, 3 bedroom homes increased by 1.5%, 4 bedroom homes increased by 1.3%, and 5+ bedroom homes increased by 4.7%.

Housing Supply in Eagle Creek, IN

How many homes are available in Eagle Creek, IN?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
6361-3.2%

Summary: The Eagle Creek real estate market had 61 homes for sale in September 2024, a 3.2% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 2324
+4.3%
3 1718
+5.9%
4 1816
-11.1%
5+ 53
-40.0%

Summary: The Eagle Creek housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 4.3%, 3 bedroom homes increased by 5.9%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes decreased by 40%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
1520+33.3%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Eagle Creek, you may be able to get a good deal. 65% of homes here sold below asking price last month.

Summary: A total of 20 homes were sold or pending in Eagle Creek in September 2024, up by 33.3% month-over-month. Of the 20 sold homes, 65% were sold under asking, 20% were sold at asking, and 15% were sold over asking.

Days on Market for Eagle Creek, IN

How long does it take to sell a home in Eagle Creek, IN?

Average Sale Time

Sep 2023Sep 2024CHANGE
10 Days23 Days+113.8%

Summary: Homes in Eagle Creek had an average of 23 days on market in Sep 2024, up by 113.8% compared to last year.

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 20 homes were sold in Eagle Creek; 75% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 5% 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 21 Days Ago

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