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 November 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 November 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 November 2024, up 32.7% from last year, and the median price per square foot was $153.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $85.7K-
N/A
2 $202.2K$210K
+3.9%
3 $250K$420K
+68.0%
4 $204.9K$322K
+57.1%
5+ $585.9K$339.7K
-42.0%

Summary: Gregg 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 3.9%, 3 bedroom homes increased by 68%, 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
+24.3%
Monroe Township
+10.3%

Housing Supply in Gregg Township, IN

How many homes are available in Gregg Township, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2616-38.5%

Summary: The Gregg Township real estate market had 16 homes for sale in November 2024, a 38.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 64
-33.3%
4 1610
-37.5%
5+ 10
-100.0%

Summary: The Gregg 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 decreased by 33.3%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 37.5%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
94-55.6%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Gregg Township, expect to pay close to the asking price. 75% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in Gregg Township in November 2024, down by 55.6% month-over-month. Of the 4 sold homes, 25% were sold under asking, 75% were sold at asking, and 0% 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

Nov 2023Nov 2024CHANGE
12 Days38 Days+220.8%

Summary: Homes in Gregg Township had an average of 38 days on market in Nov 2024, up by 220.8% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was 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 November 2024, 4 homes were sold in Gregg Township; 50% 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 21 Days Ago

Newest Listings in Gregg Township, IN

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