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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Elmore Township is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Elmore Township, IN

How much do homes in Elmore Township, IN cost?

Median Sold Price

$31,450

$31/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$218,550(-87.4%)

Key Takeaway

Homes in Elmore Township have sold for 87.4% less than they did a month ago.

Summary: The median home sold price in Elmore Township was $31,450 in October 2024, down 87.4% from last month, and the median price per square foot was $31.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $250K$31.4K
-87.4%
3 --
N/A
4 --
N/A
5+ --
N/A

Summary: Elmore 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 87.4%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Vigo Township
+47.6%
Elmore Township
-87.4%
Elnora
-87.4%

Housing Supply in Elmore Township, IN

How many homes are available in Elmore Township, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
45+25.0%

Summary: The Elmore Township real estate market had 5 homes for sale in October 2024, a 25.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 02
+100.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Elmore Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Elmore Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Elmore Township in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Elmore 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 4 Days Ago

Newest Listings in Elmore Township, IN

Nearby Markets to Elmore Township, IN