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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Floyd Township is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Floyd Township was a Seller's Market.

Key Takeaway

Floyd 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 Floyd Township, IN

How much do homes in Floyd Township, IN cost?

Median Sold Price

$298,699

$189/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$8,799(+3.0%)

Key Takeaway

Homes in Floyd Township have sold for 3% more than they did a year ago.

Summary: The median home sold price in Floyd Township was $298,699 in November 2024, up 3% from last year, and the median price per square foot was $189.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $260K$278.9K
+7.3%
3 $277K$289.9K
+4.7%
4 $400K$404.1K
+1.0%
5+ $750K$658.5K
-12.2%

Summary: Floyd Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.3%, 3 bedroom homes increased by 4.7%, 4 bedroom homes increased by 1%, and 5+ bedroom homes decreased by 12.2%.

Median Sold Price Compared To Nearby Cities

Floyd Township
+3.0%
Marion Township
-13.7%

Housing Supply in Floyd Township, IN

How many homes are available in Floyd Township, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5162+21.6%

Summary: The Floyd Township real estate market had 62 homes for sale in November 2024, a 21.6% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 4049
+22.5%
4 1010
0.0%
5+ 01
+100.0%

Summary: The Floyd Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 22.5%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1110-9.1%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 10 homes were sold or pending in Floyd Township in November 2024, down by 9.1% month-over-month. Of the 10 sold homes, 50% were sold under asking, 30% were sold at asking, and 20% were sold over asking.

Days on Market for Floyd Township, IN

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

Average Sale Time

Nov 2023Nov 2024CHANGE
40 Days37 Days-7.5%

Summary: Homes in Floyd Township had an average of 37 days on market in Nov 2024, down by 7.5% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Floyd Township has remained consistent over time.

Summary: During November 2024, 10 homes were sold in Floyd Township; 40% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 10% 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 17 Days Ago

Newest Listings in Floyd Township, IN

Nearby Markets to Floyd Township, IN