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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Gregg Township is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Gregg Township, IN

How much do homes in Gregg Township, IN cost?

Median Sold Price

$325,000

$153/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$80,000(+32.7%)

Key Takeaway

Homes in Gregg Township have sold for 32.7% more than they did a year ago.

Summary: The median home sold price in Gregg Township was $325,000 in October 2024, up 32.7% from last year, and the median price per square foot was $153.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $85.7K-
N/A
2 $185.1K$240K
+29.7%
3 $275K$372.5K
+35.5%
4 $204.9K$322K
+57.1%
5+ $585.9K$339.7K
-42.0%

Summary: Gregg 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 increased by 29.7%, 3 bedroom homes increased by 35.5%, 4 bedroom homes increased by 57.1%, and 5+ bedroom homes decreased by 42%.

Median Sold Price Compared To Nearby Cities

Gregg Township
+32.7%
Clay Township
+24.7%
Monroe Township
+8.6%

Housing Supply in Gregg Township, IN

How many homes are available in Gregg Township, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3025-16.7%

Summary: The Gregg Township real estate market had 25 homes for sale in October 2024, a 16.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 13
+200.0%
3 65
-16.7%
4 2116
-23.8%
5+ 21
-50.0%

Summary: The Gregg 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 increased by 200%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 23.8%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
98-11.1%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 8 homes were sold or pending in Gregg Township in October 2024, down by 11.1% month-over-month. Of the 8 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for Gregg Township, IN

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

Average Sale Time

Oct 2023Oct 2024CHANGE
4 Days57 Days+1179.4%

Summary: Homes in Gregg Township had an average of 57 days on market in Oct 2024, up by 1179.4% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Gregg Township are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 8 homes were sold in Gregg Township; 38% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% 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 20 Days Ago

Newest Listings in Gregg Township, IN

Nearby Markets to Gregg Township, IN