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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fugit Township is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Fugit Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Fugit Township, IN

How much do homes in Fugit Township, IN cost?

Median Sold Price

$256,500

$157/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$3,500(-1.3%)

Key Takeaway

Homes in Fugit Township have sold for 1.3% less than they did a year ago.

Summary: The median home sold price in Fugit Township was $256,500 in October 2024, down 1.3% from last year, and the median price per square foot was $157.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$37.5K
N/A
2 $380K-
N/A
3 $232.5K$242K
+4.1%
4 $555K$390K
-29.7%
5+ $550K$168K
-69.5%

Summary: Fugit Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 4.1%, 4 bedroom homes decreased by 29.7%, and 5+ bedroom homes decreased by 69.5%.

Median Sold Price Compared To Nearby Cities

Ray Township
+3.2%
Fugit Township
-1.3%

Housing Supply in Fugit Township, IN

How many homes are available in Fugit Township, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
11110.0%

Summary: The Fugit Township real estate market had 11 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 10
-100.0%
2 12
+100.0%
3 76
-14.3%
4 12
+100.0%
5+ 11
0.0%

Summary: The Fugit Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
42-50.0%

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 Fugit 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 Fugit Township in October 2024, down by 50.0% 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 Fugit Township, IN

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

Average Sale Time

Oct 2023Oct 2024CHANGE
82 Days20 Days-75.6%

Summary: Homes in Fugit Township had an average of 20 days on market in Oct 2024, down by 75.6% compared to last year.

Breakdown of Home Sale Times

1 Home Was 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 Fugit Township are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in Fugit Township; 50% 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 17 Days Ago

Newest Listings in Fugit Township, IN

Nearby Markets to Fugit Township, IN

What housing markets are near Fugit Township, IN?