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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Eel Township is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Eel Township was a Seller's Market.

Key Takeaway

Eel Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Eel Township, IN

How much do homes in Eel Township, IN cost?

Median Sold Price

$165,000

$88/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$6,500(-3.8%)

Key Takeaway

Homes in Eel Township have sold for 3.8% less than they did a month ago.

Summary: The median home sold price in Eel Township was $165,000 in November 2024, down 3.8% from last month, and the median price per square foot was $88.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $80K-
N/A
2 $82.7K$143K
+72.8%
3 $175K$159K
-9.1%
4 $245K$225K
-8.2%
5+ $180K$175K
-2.8%

Summary: Eel 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 72.8%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes decreased by 8.2%, and 5+ bedroom homes decreased by 2.8%.

Median Sold Price Compared To Nearby Cities

Logansport
+14.4%
Washington Township
+3.2%
Eel Township
-3.8%
Clay Township
-27.1%

Housing Supply in Eel Township, IN

How many homes are available in Eel Township, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6463-1.6%

Summary: The Eel Township real estate market had 63 homes for sale in November 2024, a 1.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 21
-50.0%
2 1414
0.0%
3 3029
-3.3%
4 1314
+7.7%
5+ 55
0.0%

Summary: The Eel Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 3.3%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
169-43.8%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Eel Township, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Eel Township in November 2024, down by 43.8% month-over-month. Of the 9 sold homes, 56% were sold under asking, 33% were sold at asking, and 11% were sold over asking.

Days on Market for Eel 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 21 Days Ago

Newest Listings in Eel Township, IN

Nearby Markets to Eel Township, IN

What housing markets are near Eel Township, IN?