Is Grovertown, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Grovertown is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Grovertown has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Grovertown, IN

How much do homes in Grovertown, IN cost?

Median Sold Price

$320,000

$112/sqft

Based on all homes sold in December 2024.

The Median Sold Price hasn't changed since November 2024.

Key Takeaway

The sold price of homes in Grovertown has remained the same since last month.

Summary: The median home sold price in Grovertown was $320,000 in December 2024, the same as last month, and the median price per square foot was $112.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 -$220K
N/A
3 $320K$420K
+31.3%
4 --
N/A
5+ --
N/A

Summary: Grovertown housing prices by bedroom type for December 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 31.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Polk Township
+118.8%
Oregon Township
+31.3%
Grovertown
0.0%
Washington Township
-6.3%

Housing Supply in Grovertown, IN

How many homes are available in Grovertown, IN?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
330.0%

Summary: The Grovertown real estate market had 3 homes for sale in December 2024, the same as November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 11
0.0%
3 22
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Grovertown housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
12+100.0%

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 Grovertown, 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 Grovertown in December 2024, up by 100.0% 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 Grovertown, 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 5 Days Ago

Newest Listings in Grovertown, IN

Nearby Markets to Grovertown, IN

What housing markets are near Grovertown, IN?