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 seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Eel Township, IN

How much do homes in Eel Township, IN cost?

Median Sold Price

$147,350

$98/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$9,350(+6.8%)

Key Takeaway

Homes in Eel Township have sold for 6.8% more than they did a month ago.

Summary: The median home sold price in Eel Township was $147,350 in October 2024, up 6.8% from last month, and the median price per square foot was $98.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 -$80K
N/A
2 $110K$82.7K
-24.8%
3 $138.4K$150.8K
+9.0%
4 $158K$245K
+55.1%
5+ --
N/A

Summary: Eel 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 decreased by 24.8%, 3 bedroom homes increased by 9%, 4 bedroom homes increased by 55.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Noble Township
+487.8%
Clay Township
+29.3%
Logansport
+28.6%
Eel Township
+6.8%
Washington Township
-5.9%

Housing Supply in Eel Township, IN

How many homes are available in Eel Township, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5567+21.8%

Summary: The Eel Township real estate market had 67 homes for sale in October 2024, a 21.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 12
+100.0%
2 1314
+7.7%
3 2932
+10.3%
4 1014
+40.0%
5+ 25
+150.0%

Summary: The Eel Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 7.7%, 3 bedroom homes increased by 10.3%, 4 bedroom homes increased by 40%, and 5+ bedroom homes increased by 150%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
15150.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

6 Homes Were 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. 42.9% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in Eel Township in October 2024, the same as the previous month. Of the 14 sold homes, 43% were sold under asking, 14% were sold at asking, and 43% 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 20 Days Ago

Newest Listings in Eel Township, IN

Nearby Markets to Eel Township, IN

What housing markets are near Eel Township, IN?