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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing French Lick Township is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, French Lick Township was a Buyer's Market.

Key Takeaway

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

Housing Prices in French Lick Township, IN

How much do homes in French Lick Township, IN cost?

Median Sold Price

$225,000

$111/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$61,100(+37.3%)

Key Takeaway

Homes in French Lick Township have sold for 37.3% more than they did a month ago.

Summary: The median home sold price in French Lick Township was $225,000 in November 2024, up 37.3% from last month, and the median price per square foot was $111.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 -$89.5K
N/A
3 $163.9K$280K
+70.8%
4 --
N/A
5+ -$469K
N/A

Summary: French Lick 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 did not change, 3 bedroom homes increased by 70.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

French Lick Township
+37.3%
French Lick
+37.3%

Housing Supply in French Lick Township, IN

How many homes are available in French Lick Township, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2426+8.3%

Summary: The French Lick Township real estate market had 26 homes for sale in November 2024, a 8.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 33
0.0%
3 109
-10.0%
4 78
+14.3%
5+ 35
+66.7%

Summary: The French Lick 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 remained the same, 3 bedroom homes decreased by 10%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 66.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
15+400.0%

Asking Price vs. Sold Price

5 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 French Lick Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in French Lick Township in November 2024, up by 400.0% month-over-month. Of the 5 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for French Lick 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 18 Days Ago

Newest Listings in French Lick Township, IN

Nearby Markets to French Lick Township, IN

What housing markets are near French Lick Township, IN?