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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Eugene Township is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Eugene Township, IN

How much do homes in Eugene Township, IN cost?

Median Sold Price

$133,000

$109/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$69,450(-34.3%)

Key Takeaway

Homes in Eugene Township have sold for 34.3% less than they did a month ago.

Summary: The median home sold price in Eugene Township was $133,000 in October 2024, down 34.3% from last month, and the median price per square foot was $109.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$120.5K
N/A
3 $202.4K$140K
-30.8%
4 --
N/A
5+ -$505K
N/A

Summary: Eugene 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 did not change, 3 bedroom homes decreased by 30.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Eugene Township
-34.3%
Cayuga
-34.3%

Housing Supply in Eugene Township, IN

How many homes are available in Eugene Township, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
109-10.0%

Summary: The Eugene Township real estate market had 9 homes for sale in October 2024, a 10.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 44
0.0%
3 32
-33.3%
4 11
0.0%
5+ 11
0.0%

Summary: The Eugene 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 remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Eugene Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Eugene Township in October 2024, up by 100.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for Eugene Township, IN

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

Average Sale Time

Sep 2024Oct 2024CHANGE
127 Days9 Days-92.9%

Summary: Homes in Eugene Township had an average of 9 days on market in Oct 2024, down by 92.9% compared to last month.

Breakdown of Home Sale Times

3 Homes Were 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 Eugene Township are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 4 homes were sold in Eugene Township; 75% 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 23 Days Ago

Newest Listings in Eugene Township, IN

Nearby Markets to Eugene Township, IN